Warrant Buffet the owner of Geico's parent company, Berkshire Hathaway, once stated the Geico's advertising is so important to the company that he would suggest spending $2 Billion on advertising alone. This is a far cry from Geico's 2010 advertising expenses that were just a little above $745 Million.
How do you guys think a company could warrant spending $2 Billion on advertising alone? Would you focus that money elsewhere in the company?
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