Subject: Re: BRK's value post Buffett
Under Jain's watch, GEICO has lost to progressive quite handily. He is very honest about how GEICO has lagged, great, I love honesty, but where is the performance?

GEICO's problems preceded Ajit's take over of insurance units in 2018. If anything, Ajit should get the credit for working hard to fix it. It was the prior management of GEICO and also Buffett who ignored the importance of telematics to car insurance business for far too long unlike Progressive which had been using telematics for well over a decade.

There were several questions in annual meetings about GEICO before 2018 and Buffett routinely underplayed the importance of telematics and said everything was great at GEICO.