Geico got in trouble in the mid ’70s. American Express got in trouble in the mid ’60s. Those are two of the greatest investments I’ve ever had, and you had to look out five or ten years out. That’s what you have to do with the economy, incidentally. We have a wonderful economy in the United States over time, and it will come back, just like GEICO came back and American Express came back.
Economic recovery
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