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Wedgewood Partners David Rolfe - What Investors Can Learn from Studying Geico
Posted by: Canadian Value (IP Logged)
Date: August 2, 2013 09:28AM
David Rolfe thinks that GEICO is a perfect example of a company that both growth and value investors can learn from.
GEICO of course was once a huge holding of Benjamin Graham and then became the focus of his greatest student Warren Buffett.
Graham's gain from his investment in GEICO turned out to be the most successful of his career, one that he held for a long period of time.
Strangely, this success for Graham was not a classic Graham value investing opportunity but rather a great long term growth company.
Rolfe tells the story in the video below:
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