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Strategies & Market Trends : Buffettology

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To: Moominoid who wrote (2743)1/22/2001 4:50:24 PM
From: Jacques Newey  Read Replies (1) of 4691
 
David, Re: "But there is nothing more to it than that. Very cheap, free, or negative cost long term loans with occasionally unpredictable high interest payments needed when insurance losses are high."

Exactly, and when those high interest payments are suitably infrequent, and Warren gets to play with the "loan" in between, you have the makings for a "Lallapalooza" business.

By the way David, do you know where I can get any negative cost, free or even very cheap loans? I know someone in Omaha who is looking for some. The bigger and cheaper the loan the better;).

I own BRK/B too.

Regards,

Jacques
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