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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: maceng2 who wrote (19768)12/28/2004 7:49:01 PM
From: mishedlo  Read Replies (2) of 116555
 
Reinsurers concentrate risk, they do not spread it. They are the opposite of what insurance is about. One day they are going to be hit bad and we will all learn the lesson that needs to be learned imho.

I am going to post that as the "thought of the day" on the fool.
thanks

Mish
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