ilmscore | Prediction Details
"And what happens with an insurance business say like an LIC is you know we as you know as the public we go and you know pay premiums that premiums you know remains in the bank and that money needs to be repaid say at the end of my life after 30 40 years. So there's a free Buffett has that that free float right? So what he essentially did is that he took all that free float and invested in the stock market"
By Finance With Sharan | October 15, 2025 | Correct
From video
Why the Rich Are Moving From Cash to Gold | Money Printing, Inflation & India’s Opportunity | FWS 73 00:53:53 - 00:54:16
Interpreted Prediction
Insurance companies like LIC, by holding customer premiums which are repaid much later, generate significant 'free float' capital that can be invested in the stock market.
AI Evaluation Notes
The prediction accurately describes the insurance business model where premiums are held and invested, generating 'free float' capital. This is a widely accepted principle in the insurance industry and financial analysis [cite: i].

Prediction Details

Topic
Insurance Business Model

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