Warren Buffett's 1951 Writeup on Geico

Warren Buffett's 1951 Writeup on Geico

Source: The Commercial and Financial Chronicle

This image shows a writeup by Warren Buffett on Geico in 1951.

Geico turned out to be one of his most successful investments over his lifetime.

Some interesting parts from this article are his description of the auto insurance industry, Geico as a growth company, Geico's business prospects compared to its competitors and the company's valuation.