I have learned to love “boring” businesses and industries.
Firms that sell the stuff we all use every day, or provide services like banking and insurance that help us grow our wealth and protect our assets, tend to pile up the biggest returns compared against the broader market. They’re often some of the most resilient places to park your money during volatile conditions like what we’re experiencing now.
Insurance companies are especially full of potential, and most people don’t realize how good an opportunity it is to own them. It’s played a big role in making Warren Buffett one of the richest men on the planet.
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