Munger's letter to the insurance company chairman worked: the company sent a $12,000 check by return mail, settling the original claim after the chairman received the proposal.

factualpending

Speaker

Warren Buffett

Evidence Quote

he addresses the letter to the chairman and says that's the guy he gets a twelve thousand dollar check by return mail

Source

Warren Buffett On Exposing Business Frauds And DeceptionThe Long-Term Investor
Created: 8/12/2026, 5:58:06 PM

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