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Berkshire Hathaway Chairman Warren Buffett on Insurance Economics and 2004 Results

National News • March 8, 2005
By Chairman Warren Buffett's own admission, Berkshire Hathaway Inc. did not have one of its best years in 2004. Last year, Berkshire's book-value gain of 10.5% fell short of the S&P 500 Index's ...

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Subject: RE: LEVEL PLAYING FIELD

Posted On: March 8, 2005, 3:18 pm CST
Posted By: Mark
Comment:
Tom you have lost your mind if you think that Warren Buffet wants anything BUT to be the last man standing! He is a winner doing what winners do; play hard, work hard, plan, execute, measure, adjust and execute again. The insurance industry as a whole is a bunch of lemmings running right back over the cliff. They've all been over the cliff before, know where the cliff is (price wars) AND STILL go for market share regardless of the harm it does to consumers...after all it's about the shareholder return NOT the consumer. Just look real closely at your insurance companies financials, their reinsurance companies and their attitude towards paying claims. There's a whole lot they don't want you to know and stumble over themselves when you ask for the information...I dare ya to ask them for it and see the response you get!
Subject Posted By Posted On
RE: RE:HISTORY Arthur Ciszek
Mar 10, 2005, 10:51 pm
RE:HISTORY John
Mar 9, 2005, 6:18 pm
WB's view of Insurance Industry Jim
Mar 9, 2005, 8:52 am
Nett Nett Anuraag Sunder
Mar 9, 2005, 7:18 am
RE: History Funkie
Mar 8, 2005, 5:56 pm
LEVEL PLAYING FIELD Mark
Mar 8, 2005, 4:20 pm
RE: RE: LEVEL PLAYING FIELD TOM CALGARO
Mar 8, 2005, 3:34 pm
RE: LEVEL PLAYING FIELD Mark
Mar 8, 2005, 3:18 pm
LEVEL PLAYING FIELD TOM
Mar 8, 2005, 2:00 pm
RE: History drudy
Mar 8, 2005, 1:37 pm
History Drewboy
Mar 8, 2005, 1:33 pm
Underwriting Discipline ECM
Mar 8, 2005, 1:31 pm
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