Fundoo Professor: Flirting with Floats
Fundoo Professor has put up a really great series on how powerful float is. I’ve been looking at float from insurance companies for a long time and they have always seemed to me to be very expensive. I knew Buffett’s use of float through Berkshire’s insurance subsidiaries and AXP, but I didn’t know float could be found in many other types of companies outside of the strictly finance/insurance type. I’ll have to look for float in more unconventional places now after reading this series.