The cost would be so prohibitive that nobody would by it. If it were priced at a level where people would buy it, he would lose his shirt. I view it kind of like flood insurance. The only people who buy it are those assured of having a loss guaranteeing the issuer loses. That is why the Feds only sell it.
I have an idea. To sell asteroid insurance which pays off if the planet and most of the life on it is destroyed by an asteroid. And I promise to sell it at competitive rates.
What’s next for the Oracle of Omaha? Global Warming insurance?
Will he buy back airline stocks he recently dumped, at their troughs, hoping they make a comeback?
Forbes thinks he bailed out of airline stocks without a parachute.
Uncle Warren and Elon Musk are now locked in a vicious contest to make crazy risky business moves.
Maybe it’s time to reserve a room for Warren at the old folks home?
The cost would be so prohibitive that nobody would by it. If it were priced at a level where people would buy it, he would lose his shirt. I view it kind of like flood insurance. The only people who buy it are those assured of having a loss guaranteeing the issuer loses. That is why the Feds only sell it.
I have an idea. To sell asteroid insurance which pays off if the planet and most of the life on it is destroyed by an asteroid. And I promise to sell it at competitive rates.
What’s next for the Oracle of Omaha? Global Warming insurance?
Will he buy back airline stocks he recently dumped, at their troughs, hoping they make a comeback?
Forbes thinks he bailed out of airline stocks without a parachute.
Uncle Warren and Elon Musk are now locked in a vicious contest to make crazy risky business moves.
Maybe it’s time to reserve a room for Warren at the old folks home?