The 6 month performance of Progressive and Berkshire are almost identical, and PGR outperformed Berky some times.
“The 6 month performance of Progressive and Berkshire are almost identical, and PGR outperformed Berky some times.”
in other words,
Over a rather meaningless time frame the comparative performance of the two companies is exactly the same, except different.
P.S.
over the last 3 months, BRK has trounced PGR (an alternative meaningless time frame comparison)
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Over a rather meaningless time frame the comparative performance of the two companies is exactly the same, except different.
Whether something is meaningful or not is up to the user. Not every information and tool is useful for everyone. I suppose you call all the advertisers in the TV to tell them that their product is useless to you. Good luck.
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Haters hate.
Progressive is a good company.
Ajit acknowledged this in the annual meeting. He said that Geico will catch up with Progressive in a year or so.