Underestimating Warren Buffett
Read the full article at: http://blogs.wsj.com/deals/2008/04/25/underestimating-warren-buffett/?mod=WSJBlog
Submitted by George on Tue, 2008-04-29 09:14.
(via blogs.wsj.com)
Buffett's municipal bond insurer, Berkshire Hathaway Assurance Corp., gains AAA rating from Moody's. The competition is acting like there is nothing to worry about by this new entrant, but Buffett and Ajit Jain are not newbies in risk pricing.
