Geico Home Insurance Quotes

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Berkshire has evolved from the simple stock-picking days of the 1960s into a conglomerate with three major parts. First there are common stockholdings in companies like Coca-Cola, Gillette, and The Washington Post. Second, there are wholly owned or controlled companies such as Wesco Financial, World Book Encyclopedia, and Clayton Homes. The 2003 annual report lists some sixty-six of these, with 172,000 employees, orchestrated by Warren and Charlie from a corporate office that has “swollen” to sixteen employees. Third and perhaps most important is the insurance segment consisting mostly of GEICO and the reinsurance company General Re.
Edward O. Thorp (A Man for All Markets: From Las Vegas to Wall Street, How I Beat the Dealer and the Market)