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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: LongTermBRK   😊 😞
Number: of 15061 
Subject: Re: Climate Change +Inflation Great for Insurance
Date: 05/07/2024 11:28 AM
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I'm an agnostic nonscientist. I say heads we win, tails we win.

Climate Change Real: Price for Climate Change--get reasonable price for risk. Contracts Adjusted /re-visited annually.

Climate Change Hoax: Price for Climate Change and get excessive rates. Hope our customers remain concerned at renewal :)

But how can you be certain history's presumed most radical climate change--global warming that caused the world to melt from essentially a mega glacier to human inhabitable mild --wasn't caused by pre-human I.C.E. low mileage Chevy Suburbans? We can't say that for certain :) So I remain agnostic on the theory--but comfortable our insurance folks are disciplined on pricing. Which is the only thing CONTROLLABLE and fixed.

And if the headlines of the 1970s are right "Prepare for Global Cooling...the Ice Age of 2030"---we've got utility businesses for that...
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