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Buffett responded to Musk’s underwriting of Martian immigration, “Just look at the premium.”

Posted by: Fymicohuang 2021-05-22 Comments Off on Buffett responded to Musk’s underwriting of Martian immigration, “Just look at the premium.”

Berkshire Hathaway’s annual shareholder meeting opened at 1:30 pm Eastern Time. Warren Buffett and his long-time business partner Charlie Munger will answer three and a half hours of questions. Due to the coronavirus disease, this event has been held for the second time with almost no attendees. But this year, the 90-year-old Buffett will meet with the 97-year-old Munger in Los Angeles so that he can accompany Munger again. This will be the first time the annual meeting will be held outside of Omaha, Nebraska. Berkshire's other vice chairman Ajit Jain and Greg Abel also attended the meeting.

Regarding Musk’s earlier mention of whether Buffett would underwrite Mars immigrants, Buffett replied: “This question is very simple, just look at the premium. If the premium is high, of course it is willing, and of course it also depends on Musk’s wishes. "And Ajit, deputy director of Berkshire's insurance business, said: "I am worried that he (Musk) is too adventurous." 

Source: NetEase Technology Report, translated by Google Translate

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