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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: BreckHutHigh   😊 😞
Number: of 15062 
Subject: Re: Climate Change +Inflation Great for Insurance
Date: 05/07/2024 10:59 AM
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"Rewind pre climate change hype when the climate actually MAY have been changing"

The earth's climate has always been changing. Always has. Always will.

Study the earth's geological record over any time period and it will become apparent.

The idea that we mortal humans can somehow stabilize the earth's climate is hubris and a fool's errand. Think Icarus.

Doesn't mean Berkshire won't jack up premiums to take advantage of the mass hysteria.

Buffett has been quoted on the fact that hurricane occurrence has been stable to declining over the last several decades.

"“I have not seen anything yet that would cause me to change the way we look at evaluating quakes, tornadoes, hurricanes by atmosphere. Now, that may happen some day,”
https://www.cnbc.com/2017/02/27/warren-buffett-glo...

Historical NOAA hurricane data:

https://www.nhc.noaa.gov/pastdec.shtml

These facts haven't precluded media, politicians and environmentalists from promoting mass fear.

https://www.youtube.com/watch?v=A24fWmNA6lM









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