How Playing the Long Game Made Elizabeth Holmes a Billionaire [H/T Will] (LINK)
Seeking Wisdom In India - by Jana Vembunarayanan (LINK)
More notes from the annual meeting of Dhandho Holdings and Pabrai Funds (LINK)
Warren Buffett's short interview (video) with Reuters from a couple of weeks ago (when he was doing the auction lunch interviews) [H/T Will] (LINK)
This Car Dealer Turned Billionaire Got a Little Help From Buffett [H/T Linc] (LINK)
Insurance Deals Gather Momentum Amid Cost Squeeze [H/T Matt] (LINK)
The feverish pace of global deal making is spreading to yet another industry: insurance. Deal makers don’t expect the pace to slacken any time soon.
A mix of impending new capital requirements, flagging profit growth and low investment returns has led insurance companies to turn to consolidation to try to cut costs and improve profitability.
Across the globe, $103.2 billion worth of insurance deals have taken place so far this year, more than double the value compared with the same period last year, according to data tracker Dealogic.