Saturday, October 12, 2013

Lou Simpson's 5 Investing Principles

I was consolidating some stuff from an old hard drive and ran across this document.  I really can't say where it came from, and I was unable to find the 1986 Geico Annual Report online.  I did verify these comments in a later Geico Annual letter that was in the SEC here.  It's a simple and concise summation of Simpson's investment style.