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Could Chubb Become the Next Berkshire Hathaway?
CBChubb(CB) The Motley Fool·2024-10-13 11:45

Warren Buffett just bet billions of dollars on Chubb. Late last year, Warren Buffett's holding company, Berkshire Hathaway, started buying up shares of a mysterious company. No one knew the company in question because Berkshire had requested an exemption from the SEC that allowed it to skirt disclosure rules. But in early 2024, the mystery stock was revealed as Chubb (CB 0.75%). Here's the strange part: Chubb runs a business model very similar to Berkshire's. It was strange that Buffett would opt to buy sha ...