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Sunday, February 24, 2019

Buffett's Big One


Buffett in 2011  (Photo by Mark Hirschey)
According to Warren Buffet, it’s just a matter of time before the big one strikes.

It could be an earthquake, a hurricane, a cyber attack – no matter.  If we don’t prepare adequately for such, the losses will be catastrophic.

Lack of preparation includes the following: “a failure to invest in healthcare infrastructure and environmental protection.”  Building and rebuilding in flood zones is part of the problem.
Structures that can easily crumble are another.

Bruce Riordan, Climate Readiness Institute director, agrees with Buffet.  Riordan states, “The bottom line is it’s going to be bad everywhere.”  He warns that we’d better get organized now.

Resources
https://www.msn.com/en-us/money/markets/warren-buffett-warns-of-natural-or-human-made-megacatastrophe-and-says-our-losses-will-be-huge/ar-BBTYXkb?li=BBnb7Kz&ocid=BHEA000

Copyright February 24, 2019 by Linda Van Slyke   All Rights Reserved

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