Right, same deal this time as I remember reading about it. It is funny that Buff... | Hacker News

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curiouscats on March 22, 2014 | parent | context | favorite | on: Out of 15M brackets, none remains to win Warren Bu...

Right, same deal this time as I remember reading about it. It is funny that Buffet gets most of the PR when Buffett's company is just making a fortune insuring against a very unlikely outcome. Normally the crazy people marketing the potential $1B payout (that buy insurance from some boring insurance company) would get the PR.

FireBeyond on March 23, 2014 [–]

I doubt it's a fortune. After all, given the astronomical odds, I think you'd be able to argue an insignificant premium was appropriate.

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