A vicious cycle beats a virtuous one: How Warren Buffett’s Geico fell behind Progressive in the auto insurance race

While Geico was investing in marketing and neglecting IT, its rival Progressive was investing in technology and gaining ...
Hosted on MSN

Meet the new leaders who'll be stepping up as Greg Abel succeeds Warren Buffett at Berkshire Hathaway

Berkshire Hathaway is reshuffling its top ranks ahead of the departure of its legendary CEO, Warren Buffett, in January. The company announced on Monday that Todd Combs, one of Buffett's key deputies ...
AOL

Warren Buffett hired Todd Combs to take over Berkshire's portfolio one day. Here's what close watchers say about his surprise exit.

Combs, one of Buffett's two investment managers and Geico's CEO, has quit to join JPMorgan. After years of praising Combs, Buffett's farewell announcement for him was muted. Warren Buffett hired Todd ...