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Meri saheli magazine subscription We dont know what premiums Berkshire is receiving, so we really cant evaluate these contracts. Meri saheli magazine subscription If someone writes hurricane insurance it doesnt mean they think hurricanes are unlikely, it just means they think someone is dumb enough to pay more than the protection is worth. Knowing the odds of a decline in global stock markets isnt enough to evaluate Berkshires contracts, because we dont know the price. Im not enamored with current valuations in the U.S., but looking out a couple decades its not all doom and gloom. Markets tend to overshoot in both directions, but theres usually someone sane enough to buy when stocks get cheap enough. meri saheli mehndi design book free download pdf Whats remarkable about the way investors move stock prices isnt the magnitude of the truly major moves (up or down); its the frequency of meaningful moves when theres no meaningful changes in underlying values. Think about the price range of an average stock in an average year – thats the really irrational part of investor behavior. I wouldnt want to have anything to do with a one-year contract on a single stock. Thats a very different situation.
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