Hacker News new | ask | show | jobs
by fuzzfactor 35 days ago
For one thing See's Candy is fundamentally a value-added operation and GEICO is a positive cash flow financial structure which remains competitive by trying not to remove as much value from the customer as the next guy.
2 comments

See's Candy is also what Charlie Munger considered their shift from distressed companies to high quality companies; its sentimental on a company level because it represented a real shift in investment philosophy.
Sees Candy made the wiki.

Services & retailing: Ben Bridge Jeweler, Business Wire, Dairy Queen, McLane Company, NetJets, Oriental Trading Company, Pampered Chef, See's Candies, Star Furniture, WPLG

Manufacturing: Benjamin Moore & Co., Clayton Homes, CTB International, Duracell, Fruit of the Loom, Johns Manville, Lubrizol, Precision Castparts Corp, Scott Fetzer Company, Garan Inc

https://en.wikipedia.org/wiki/Berkshire_Hathaway