oec2000 Posted September 27, 2011 Share Posted September 27, 2011 dwy000, Great explanation that puts things in perpective! It seems logical that the risk of another AIG is significantly reduced today because of AIG 2008. But, it is human nature to want to fight the last war. oec Link to comment Share on other sites More sharing options...
Uccmal Posted September 27, 2011 Share Posted September 27, 2011 Thanks dwy000, worth its weight in gold. Link to comment Share on other sites More sharing options...
biaggio Posted September 28, 2011 Share Posted September 28, 2011 Thanks dwy000. Do you think the insiders/CEO's of these organizations have a feel for the risks? i.e. can we take a lazy approach and follow the management when they invest their own money especially when they appear to be trading so cheaply? Banks seem to get into bad situations regularily- South American Debt Crisis, S& L crisis, sub prime crisis etc over the years, yet they seem to be able to grow/work their way out of them/ Thanks again Link to comment Share on other sites More sharing options...
Grenville Posted September 28, 2011 Share Posted September 28, 2011 I have moved this thread to a new topic to make it easier to find in the future. Here is the link to the thread: http://www.cornerofberkshireandfairfax.ca/forum/index.php?topic=5312" data-ipsquote-contentclass="forums_Topic" 56718;topicseen#msg56718 Link to comment Share on other sites More sharing options...
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