Berkshire Hathaway is outperforming during turmoil, but Warren Buffett’s favored kid Geico is in problems

Vital Factors

Warren Buffett has a delicate spot for automobile insurer Geico, as he invested in the organization at $2 a share back again in 1976.
Geico is likely by way of a rocky patch, suffering a $1.9 billion pretax underwriting decline in 2022. Competitor Progressive is also snapping up marketplace share, according to an evaluation from UBS.
Berkshire Hathaway shareholders will be keen to study far more about what’s upcoming for Geico and how will it defeat again its competition.

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