Finance guru Warren Buffett has invested billions of dollars in this area of insurance, as shown by his purchases in the reinsurance divisions of ING (NYSE:ING) and the reinsurance companies Cologne Re and Swiss Re.
Billionaire investor Warren Buffett is often labeled as frugal. Your neighbor, whose claim to fame is the fact that of all of his or her belongings were purchased at a garage sale, is probably cheap. Here's how to avoid being labeled cheap.
Warren Buffett Quote of the Week
“When you combine ignorance and leverage, you get some pretty interesting results.”
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"Not even the Oracle knows what will happen tonight. #waltsuccessor pic.twitter.com/EM8gIzZib5" Sep. 29, 2013