Overnight, the three major indexes of U. S. stocks spent another unilateral downward trading day. AndBuffett's "timeless cash flow cow", insurance, is one of the few sectors that have gone up against the market.

According to Futuo Niuniu$Insurance - Property & Casualty (BK2484.US)$、$Insurance - Reinsurance (BK2467.US)$、$Insurance - Diversified (BK2429.US)$、$Insurance - Life (BK2512.US)$Plate market shows that since the beginning of this year, the above four plates far outperformed the market.

Among them, property and casualties, reinsurance sector recorded the highest increase of 8.7%, 15.44%; and$Progressive (PGR.US)$、$The Travelers Companies (TRV.US)$、$Chubb Ltd (CB.US)$、$Erie Indemnity (ERIE.US)$、$WR Berkley (WRB.US)$And other stocks have recently reached an all-time high.

According to statistics, so far this year, a number of insurance stocks have quietly created rich returns for investors.

It is reported that in Buffett's eyes, insurance products will never be out of date, and revenue usually increases with economic growth and inflation, which is one of the important reasons why he loves insurance. At this year's shareholders' meeting, the word "insurance" was mentioned more than 30 times, according to the translation of the on-site records.

Insurance has also been Berkshire's core business for more than 50 years, providing not only handsome operating profits, but also low-cost funding for Buffett's value investment practices.