Insurance Grows as Berkshire's Cash Cow

This is a news story, published by Yahoo Finance, that relates primarily to Berkshire news.

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Berkshire Hathaway investment thesis

The Motley Fool

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Business

Business & Economics

Could Autonomous Vehicle Insurance Threaten Berkshire Hathaway's Most Profitable Segment?

Summary

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82% Informative

Berkshire Hathaway ( NYSE : BRK.A) has crushed the S&P 500 over the last 60 years thanks in part to savvy investment decisions about long-held stocks like American Express and Coca-Cola .

Insurance has grown to become Berkshire 's most prized cash cow -- 43.9% of total operating earnings.

Berkshire has maintained its focus on the P&C side of the insurance industry -- distancing itself from life insurance business.

Berkshire Hathaway wasn’t one of the 10 best stocks for investors to buy now.

Buffett said during Saturday 's annual shareholder meeting, "We don't do anything based on its impact on quarterly or annual earnings" The long-term mindset could even lead Berkshire to gain market share in the auto insurance industry.

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Informative language

Neutral language

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formal

Language

English

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not offensive

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not hateful