A few weeks ago, Warren Buffett’s Berkshire Hathaway announced the acquisition of Alleghany Corporation with a $11.6 billion deal, its largest buy-out deal in six years. The decision has come at a time when the general insurance industry has faced headwinds in the last 2-3 years. But there is no one better than Buffett to understand the prospects and valuation of an insurance company. Berkshire Hathaway owes its long-term wealth creation success to excellent underwriting skills in its insurance subsidiaries and clever usage of the float from insurance to build a long-term equity portfolio.
Prime Stock Recommendation : Investing in the business of risk
Whatsapp share
Tweet it out
Share on FB
Post on LinkedIn
N V Chandrachoodamani
Chandrachoodamani started his capital market career in mid 2000s with Equity Intelligence India and then worked with several capital market Intermediaries in various roles over the last 15 years. Most of his career experience has been in equity research and PMS. Most recently, he was with MOAT, a PMS firm. He is a graduate in mathematics, a post graduate in finance, and holds a CFP certification. LinkedIn|Twitter
All Posts »
Share via Whatsapp
Tweet it out
Share on FB
Post on LinkedIn
More like this
Prime Stock alert: Moving this pharma stock to a HOLD
N V Chandrachoodamani
September 25, 2023
Read More »
Please note that any specific queries on any of our recommendations will be answered ONLY through email. If you are a subscriber, please mail contact@primeinvestor.in.
Register for FREE!
Gain instant access to more PrimeInvestor articles, researched products, and portfolios
Recent reports
The essence of PrimeInvestor
Register for FREE!
Gain instant access to more PrimeInvestor articles, researched products, and portfolios