SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Buffettology
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jacques Newey who wrote (2742)1/20/2001 4:43:31 PM
From: Shane M  Read Replies (1) of 4690
 
All float is not created equal.

Jacques, could you elaborate on this point? I've never really understood the assertion that floats created from prepayment of policyholder premium created a superior investment, because as you point out - all insurance companies tend to have them and are willing to run at operating losses if need be as long as the investment portion generates sufficient return to get a mid-teen ROE overall.

Thanks, Shane
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News