While Geico invested in marketing, its rival Progressive was investing in technology.
It’s important to understand this because the majority of Berkshire Hathaway’s assets are invested not in publicly traded securities, but in operating subsidiaries like Burlington Northern Santa Fe Railroad, Berkshire Hathaway Energy, and Geico. Whil… [5209 chars]
Source: Fortune | Published: 2025-12-30T12:30:00Z
Credit: Fortune
