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Berkshire Hathaway Inc. Message Board

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  • vensh vensh Aug 10, 2012 2:31 PM Flag

    Love my Berk B stock

    You are obviously an empty gas bag, tossing around a few catch phrases with no substantive knowledge of finance or investing, but just haunt these boards attempting to show off.

    The growth of insurance float (premiums paid to Berkshire) allows it to invest billions of dollars at a zero cost. Berkshire makes an underwriting profit most years, in effect getting paid to hold the float, giving a "cost" of these funds of even less than zero. This reality shows your fluffy word spinning is an exercise in vanity and not at all of any value.

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