Warren Buffett has invested in an old textile mill, utilities, insurance, reinsurance, shoes, chocolate, newspapers, banks, bricks, carpet, food, and more. “The ideal business is one that earns very high returns on capital and that keeps using lots of capital at those high returns. That becomes a compounding machine.” Warren Buffett CEO Buffett loves the insurance business. There are no factories to build, no steep environmental regula ...
“Invert, always invert” Carl Jacobi Jacobi was a famous German mathematician who taught about the power of inversion, a mindset which will often lead to better results than solving problems directly.What should I do to get ripped off? How can I be unhealthy or unhappy? What habits will help me trail my peers?“He new that it is in the nature of things that many hard problems are best solved when they are addressed backward,” said Charlie Munge ...
The shoppability of healthcare is a hotly contested area of the health insurance debate. "Lasik is the way. Lasik has gotten better and cheaper over time!"Could Healthcare Be Like Lasik? "Nonsense, you can't shop for care when you're unconscious." Both have some truth. Not all health interventions are shoppable. Many are, 40-60% of careranges of 43% from the HCCI and over 60% from Dr. Marty Makary, and if you're paying for your plan directly you can shop for that as well. If y ...
After the $2 bill, the $50 bill is the rarest in circulation. It bears the image of Ulysses S. Grant, one of the most consequential and interesting leaders in American historyGrant led a fascinating life. Poverty, alcoholism, failure after failure until he thrived as a Civil War general and eventually became president, the first president to do a global tour after. In his old age, he sat down, dying of throat cancer, and wrote his memoirs, desperate to save his family from penury. It worked..$50 ...
Jon Kessler has served as HealthEquity President and Chief Executive Officer since February 2014 and as a director since March 2009. From March 2009 through January 2014, he served as our Executive Chairman. Prior to joining HealthEquity, Mr. Kessler founded WageWorks, Inc., a provider of tax-advantaged programs for consumer-centric health, commuter and other employee spending account benefits, serving as Chief Executive Officer of that company from 2000 to 2004, Executive Chairman in 2 ...
