Comment by fuzzfactor
8 hours 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.
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