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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: AdrianC 🐝  😊 😞
Number: of 15070 
Subject: Re: FAIRFAX /FFH
Date: 02/10/2024 3:14 PM
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The insurance business has performed exceptionally well for a long time now. That is very valuable. However, insurance is a dangerous business.

And surprises are usually bad.

Here’s where I learned that lesson:
https://www.pwc.co.uk/services/business-restructur...

Not saying Fairfax is not reserving correctly, I have no idea. When it comes to insurance it’s Berkshire only for me.
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