@QuisitiveInvest
$2 billi was the premium right?
I'm pretty sure that his insurance business can go broke without endangering the cash kept by Berkshire, but correct me if wrong.
What threw me off was @nachkari's comment that this is why Buffett is not being aggressive. That doesn't make sense. If the max damage is $2 billion, what does he care? Corporate veil plus he has $120 BILLION in cash. Won't affect his purchasing, hardly.
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Oh yeah,
@Post_Market my feelings are hurt
. First the sick burn, followed by the 10+ like pile-on. I'm too sensitive for that. Kid gloves only please :)Thanks. Twitter will use this to make your timeline better. UndoUndo
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I agree... No way Buffett gives a shit about the insurance payout. Same with all these people talking about the airline stock... Rounding error stuff. He's big game hunting right now.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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