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“If you are willing to do dumb things in insurance, the world will find you. You can be in a rowboat in the middle of the Atlantic and just whisper out, ‘I’m willing to write this,’ and then name a dumb price, and you will have brokers swimming to you with their fins showing.”
Buffett and Munger Unscripted: Three Decades of Investment and Business Insights from the Berkshire Hathaway Annual Shareholder Meetings
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