Throw out all the predictions as nothing ever goes the way it is predicted.
Just look at the predictions of the paid experts and the uneducated Troglodytes come of looking like wunderkind
We know insurance companies always get a hit from hurricanes etc so hardly worth talking about as thats there daily C.O.Gs
My biggest interest is in how much risk is there in business interruption insurance .
We know they diluted shareholders to cover any loss
We know there is no talk about it form the forecasters ( pigs with an undisclosed conflict of interest in the trough slop)
We know brokers are doing the pumpety pumpety giving price forecasts (all upside)
We know brokers have already stocked up before they go pumpety pump
What we dont know is the unknown and the insurance issue is not cleared up and I dont want to hold the bag for someone else's private school fees
Even Warren Buffet is not sure what the final outcome is for his insurance empire so if Papa Buffet is somewhat clueless thats good enough for me to ask . What the frogs legs can we find out .
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