Comments by "Samson Soturian" (@samsonsoturian6013) on "Why Lemonade Failed To Disrupt Insurance" video.

  1. T-mobile, nvidia, arm, uber (good investments but not at the price purchased at)
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  2. How many of these idiot startups are there?
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  3. For that same reason, Warren Buffet reinsurance business offers insurance plans to insurance companies based on hurricane landfall
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  4. That's how it works. Insurance company stores money in liquid investments and offers insurance to anyone who asks because they are always overcollateralized. Berkshire is a reinsurance company which is why buffet manages big investment funds
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  5. But that's why it's big business. They remove risks that people can't afford or are not allowed to take.
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  6. Bloated? How?
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  7. Sounds like your gain is at investor's expense.
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  8. Never heard of them
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  9. Correction: Most older taxi services are now on Uber, squeezing out the amatuers. AirBNB likewise absorbed most timeshare companies
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  10. It has always been Japanese. It's Mayaoshi Son's company
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  11. Depends what for. Hurricane/earthquake, YES.
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  12. How much did you lose?
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  13. "When life gives you lemons, call Lemonade"
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  14. Yeah, why not code an AI an sell it to existing firms? Is that not ponzi enough?
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  15. Historian here. That's so true it ain't funny. The strongest opinions is from people that wouldn't know the truth in order to distort the past effectively
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  16. Very ponzi
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  17. Lying does nothing for no one
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  18. In most plans
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  19. Googling... Not that I can find.
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  20. @bilalbaig8586  it is in skilled professions because the amatuer can look professional until their work is done. In this case, old insurers have been working on this problem for centuries.
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  21. Investment bank antics. Not a good sign
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  22. White Savior?
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  23. So?
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  24.  @GrimboBagworth  for idiot investment banks, yes. For everyone else, no.
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  25. Remember that AI real estate broker that lost everything because locals knew the value of land better than the computer?
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  26. It doesn't just work the same in Denmark, you're being reinsured by the same guys
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