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Pastimes : The New Qualcomm - write what you like thread.
QCOM 176.12-1.8%Dec 16 3:59 PM EST

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To: Maurice Winn who wrote (7912)3/3/2007 12:22:20 PM
From: Jon Koplik  Read Replies (2) of 12242
 
(Repeating) (from 9/22/2005) (the "great") Warren Buffett's stock unchanged in price from about 7 1/2 years earlier

I guess we'll see what a normal or bad hurricane season does (later this year) ...

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Message 21727005

(Off topic) : (the "great") Warren Buffett's stock is at a new low for the year; and (I believe) now roughly unchanged in price from about 7 1/2 years ago (early 1998) (and, with (I believe) zero dividends during those 7 1/2 years, too).

I guess one can clearly get "hosed" if a huge portion of your business is insurance exposure that "hopes" that :

weather patterns that come and go like clockwork (the 1930s, I believe, had many warm and hurricane intensive years, as predicted by some oscillating ocean current) ...

somehow magically never reappear.

Jon.
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