Tom Rowley

Tom Rowley is the manager of Continental Divide Insurance, Berkshire’s Colorado-based "homestate" insurance company.

📍 Origin

In the 1983 Letter, Buffett identified Tom Rowley as an "important acquisition" found by Mike Goldberg.

📖 Key Facts

• The "Homestate" Model: Continental Divide was part of Berkshire's fledgling stable of insurers focused on specific state markets.
• Star Performance: Despite overall poor results in the insurance group in 1983, Buffett identified Rowley as a "winner" who was doing a truly outstanding job.
• Management Style: Understood and implemented the Berkshire philosophy of underwriting discipline.

🔗 Connections

• Entity: National Indemnity Company (Parent)
• Person: Mike Goldberg
• Source: 1983 Letter