In recent years, Berkshire has stockpiled cash like never before. At the end of 2024, it had amassed over $330 billion in ...

Team Buffett sold about 67% of its stake in Apple Inc. AAPL in 2024, selling most of it in the first three quarters of the ...

When the stock market falls, investors can always find encouragement to stay the course by seeing relatively low portfolio turnover at Warren Buffett's Berkshire Hathaway. Berkshire had held large ...

GEICO's profitability has improved under Todd Combs, but it has lost market share to Progressive, which excels in growth and innovation. Progressive's dual strategy of using brokers and direct-to ...

Under CEO Todd Combs, GEICO has modernized its underwriting practices and earned praise from Buffett. With a background in insurance, Combs is one of a few promising future leaders for Berkshire ...

Buffett applauded Todd Combs for turning around GEICO and praised Greg Abel's decisiveness. Warren Buffett underlined the massive scale of Berkshire Hathaway's tax payments, urged the government ...

The Idaho National Laboratory has long benefited from employees who also serve as National Guard and Reserve members. Three ...

GEICO's performance has been improving under the leadership of Todd Combs, who became CEO in 2020. Since his appointment, the company has implemented telematics and enhanced its models.

Buffett noted in his annual letter that Geico continued its improvement and credited Todd Combs with “increasing efficiency and bringing underwriting practices up to date.” Buffett added that ...

Thanks to GEICO's turnaround under CEO Todd Combs, insurance underwriting revenue jumped from $5.4 billion to $9 billion. With $26.8 billion in corporate taxes paid in 2024, Berkshire made the ...