Daily quote by Insurance

• Basically, the math of intelligently selling insurance is better than the math of intelligently buying insurance.
  • Warren Buffett, (June 20, 2018) "1994 Berkshire Hathaway Annual Meeting Warren Buffett Charlie Munger Bill Ackman FULL Q&A". IDP, YouTube. (quote at 2:53:20 of 3:20:11)