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|Subject: Re: Insurer Tower Group (Nasdaq: TWGP) Dying?||Date: 10/13/2013 1:04 AM|
|Author: AngelMay||Number: 73515 of 76882|
If I needed life insurance I would maybe purchase a term life policy.
We get that. I mean, you've only said it 10,000 times.
I don't think I've ever said that. But if I did I'm pretty sure it did not even approach 10 times much less 10,000.
PS- that's NOT why Buffett owns insurance companies, but, whatever.
Well, why do you think he owns them if he doesn't expect it to be a winning proposition? As far as I can tell, he thinks they are profitable. And I certainly agree that they are. I would definitely buy stock in one. But I would not hand my money over to them to "invest" for me.
But since I seem to have upset you in some way, perhaps I should just leave the conversation.
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