negativeEssay2002-07-01conf:high
Wesco 2002 Annual Meeting — Notes of Charlie Munger's Remarks (Whitney Tilson)
“Gen Re misguessed its reserves -- almost every insurer in America did -- which is why we took a big loss.”
3 mentions across the corpus · positive 2 · negative 1 · neutral 0 · historical 0
Wesco 2002 Annual Meeting — Notes of Charlie Munger's Remarks (Whitney Tilson)
“Gen Re misguessed its reserves -- almost every insurer in America did -- which is why we took a big loss.”
Afternoon Session - 1999 Meeting
“Did you buy General Reed mostly because, I know mostly because of the float, because you think you can grow the float... We certainly, we don't think the float will grow rapidly”
Benefits of buying General Re won't be felt "in the short term"
“Did you buy General Reed because you think you can grow the float? ... We obviously think Berkshire 10 years from now will be worth more on a per share basis with General Rhee included”