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Berkshire Hathaway Inc. Message Board

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  • pat_cret pat_cret Nov 9, 2002 12:27 PM Flag

    Please explain General Re - loss?

    Buffett stated:

    "...General Re has long-term relationships with many accounts. And the question of what you do when your competitor offers a price that's a little too low with somebody you've been doing business with for 50 years is a very tough decision to make. So sometimes they probably do some business that might be labelled as a necessary evil"

205,880.00+1,840.00(+0.90%)Aug 29 4:03 PMEDT

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