'Big Short' Michael Burry compares Molina to Warren Buffett's Geico, saying he'd acquire the insurer if he had the cash

Core Insights - Michael Burry considers Molina Healthcare a potentially superior investment compared to Geico, which Warren Buffett famously invested in [1][6] - Burry highlights Molina's clearer path to significant double-digit long-term growth, suggesting it could be a "generational buy" if prices decline further [1][6] Company Analysis - Molina Healthcare operates with the lowest expense ratio in its industry and targets a well-defined customer base, primarily focusing on Medicaid enrollees [5] - The company does not need to employ its own agents, which is an operational advantage [5] Industry Context - Burry views the U.S. health insurance industry not as a "politically complex mess" but as a profitable niche that can benefit from political dysfunction [6] - The insurance "float" from Geico has historically provided significant funding for Buffett's investments, indicating the importance of this model in the insurance sector [4]