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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: WEBspired ✭  😊 😞
Number: of 15055 
Subject: Re: OT: Hurricane Strength and Damage
Date: 09/26/2024 11:15 AM
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“To repeat, adverse storm events are slightly adverse in the short term and usually quite profitable in the long term for Berkshire.”

That’s my take as well from WEB’s commentary over the years. Short-term pain but long-term gain for the Strong.

We have no interest in owning a coastal house but love the Gulf & Atlantic beaches. My buddy in Clearwater,FL area moved 15 miles from Belair to right on the bay (sunsets are truly spectacular) and his rates on the new house are 3x what they were vs. his more inland house which he sold a year ago. He has chosen not to have flood insurance. My brother says his homeowners premium on his coastal GA home on the marsh is now over twice his Nashville primary residence.
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