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An exempted Bermuda limited liability company whose principal businesses are conducted through its property and casualty insurance and reinsurance subsidiaries and affiliates.
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mlknyu (< 20) Submitted: 4/15/08 12:41 PM : Start Price: $468.40 WTM Score: 3.27
Let's be real. Warren Buffett wouldn't have sold his share in White Mountains if he still believed in it. Over the last 5 years its return has only been 35% total, or averaging 7% a year...and the downward trend began in early 2005, well before any macroeconomic problems. Since then it's been down 45%. Normally, I'd say this is a great value, but if it was, I don't believe Buffett would have let it go.
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