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2015-07-29

2015-07-28

  • The Science of Hitting commented on The Science of Hitting's article 07-28 16:07
    Berkshire's GEICO Investment: "Bet Big" (Part 2)
    (This article picks up where I left off last time; see part one here) “It’s not given to human beings to have such talent that they can just...
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    The Science of Hitting 07-28 17:07
    • Snow: As is often the case, I have nothing to add to one of your comments - spot on! Thanks for the kind words!
  • The Science of Hitting commented on The Science of Hitting's article 07-28 05:07
    Berkshire's GEICO Investment: "Bet Big" (Part 2)
    (This article picks up where I left off last time; see part one here) “It’s not given to human beings to have such talent that they can just...
    View all 2 comments
    The Science of Hitting 07-28 06:07
    • Beltrancaceres - That's a good point, and worth remembering. In regards to Buffett's comments, which you mentioned, I believe his quote at the annual meeting was he would take the under for 10% of cars on the road being self-driven in 2030. I agree with that 100%, largely because I think the regulatory issues, concerns about the technology (hacking), and the simple fact that a large number of people enjoy driving, will make getting self-driving cars on the road in big numbers quite difficult. Progressive has presented some interesting research on the penetration of other technologies like air bags; that would also suggest this will take many, many years to reach a large number of drivers.

      Time will tell; thanks for the comment!

2015-07-27

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