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US Politics icon
US Politics 25w
PSA: Berkshire Hathaway (private equity) owns 100% of Geico. If you have geico insurance, you’re giving money directly to Warren Buffett
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3

upvote 16 downvote

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Anonymous 25w

You could say the same about almost all of the other massive stakes they have in other companies. Same with any multinational conglomerate. That’s just the way things work.

upvote 6 downvote
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Anonymous 25w

Buy BRK.B, and Warren gives the money back to you! (If you own BRK.A, never mind these petty complaints, of course)

upvote 1 downvote
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Anonymous replying to -> #1 25w

Total your car, and Warren gives you your money back!

upvote 1 downvote