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Food Delivery Market Size
Author: Raoji
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Laurus Labs: Not by price hikes
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Linkfest: 06 May, 2021
Some stuff I am reading today morning:
RBI steps in to support the economy (RBI)
Cabinet clears strategic divestment in IDBI Bank (Rediff)
S&P : Second Covid wave could derail India recovery (BS)
The Retail Investor is the biggest player in the market (Capital Mind)
Startup: Rapido (Forbes)
Interview with US real estate guru Jonathan Miller (Big Picture)
ex-Grabber on Grab ( Pratyush Rastogi)
Buffett & Munger are not curious any more (TRB)
The case for solar power (Claire Berlinski)
3 Ways Ethereum dwarfs Bitcoin (Mark Cuban)
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Peter Lynch’s advice to Bill Miller
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No to Elon Musk
Source: 2021 Berkshire Hathaway Annual Meeting Transcript
Becky: (03:50:49)
Ajit, your question from this gentlemen, suppose the hypothetical situation arises where Warren Buffett calls you on the phone to tell you that Elon Musk has contacted him about writing an insurance policy on his proposed mission to and subsequent colonization of Mars. Specifically, he wants insurance to insure a SpaceX heavy rocket capsule, payload, and human capital. Would you underwrite any portion of a venture like that?
Ajit Jain: (03:51:16)
This is an easy one. No, thank you. I’ll pass.
Warren Buffett: (03:51:20)
Well, I would say it would depend on the premium, and I would say that I would probably have a somewhat different rate if Elon was on board or not on board. I mean, it makes a difference, I mean. If somebody is asking you to insure something, that’s called getting skin in the game.
Ajit Jain: (03:51:46)
In general, I would be very concerned about writing an insurance policy where Elon Musk is on the other side.