A lot of studying has given us a certain comfort level that we're dealing with smart and honest people.
Because he's in the business of insuring catastrophes, Buffett expects to get tagged now and then by a large event. It sounds like things were pretty good if you take out the insurance loss.
Every CEO wants above-average pay. Obviously, their performance cannot all be above average.
There's a tremendous depth of talent within Berkshire's executive ranks.
We expect very significantly higher prices, higher deductibles and tighter terms and conditions as a result of Katrina. For the next year or two, underwriting results, absent another large catastrophe, should be very, very strong.
We were quite vocal about trying to maximize value. We thought it was worth a lot more.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.