Jump to content

Welcome to SECTalk.com

Welcome to SECTalk.com -- The Home of 6 Straight National Titles!

You are currently accessing our site as a guest which means you can't access all of our features such as social groups, sports betting, and many more. By joining our free community you will have access to all of these great features as well as to participating in our forums, contacting other members, and much more. Registration only takes a minute and SECTalk.com is absolutely free, so please join today!

If you have any problems registering or signing in, please contact us.

Latest Topics




Latest News

Top Bettors

Top High Fived


warren buffet

- - - - -

This topic has been archived. This means that you cannot reply to this topic.
22 replies to this topic

#16
A10Rebel

A10Rebel

    brrrrrrrrttt....

  • Members
  • PipPipPip
  • Posts:
    5,361
  • Joined:
    Sep 2011
  • Cash:
    0
  • High Fives:
    3,977
he's probably got that in his wallet.

odds of winning are about one in 4,294,967,296...

#17
possumslayer

possumslayer

    Orange & White Supremacist

  • Members
  • PipPipPipPip
  • Posts:
    10,445
  • Joined:
    Oct 2013
  • Cash:
    0
  • High Fives:
    5,731

View Postjacobp, on 22 January 2014 - 11:39 AM, said:

40 years of $25 million per or a lump sum of $500 million.
I'll take the lump in cocaine!

#18
possumslayer

possumslayer

    Orange & White Supremacist

  • Members
  • PipPipPipPip
  • Posts:
    10,445
  • Joined:
    Oct 2013
  • Cash:
    0
  • High Fives:
    5,731

View PostA10Rebel, on 22 January 2014 - 11:43 AM, said:

he's probably got that in his wallet.

odds of winning are about one in 4,294,967,296...
didn't some kid a few years back make a perfect bracket on ESPN?

#19
A10Rebel

A10Rebel

    brrrrrrrrttt....

  • Members
  • PipPipPip
  • Posts:
    5,361
  • Joined:
    Sep 2011
  • Cash:
    0
  • High Fives:
    3,977

View Postpossumslayer, on 22 January 2014 - 11:44 AM, said:

didn't some kid a few years back make a perfect bracket on ESPN?

yeah I think so, him and some office worker in Louisville, KY.

#20
jacobp

jacobp

    Moderator

  • Moderators
  • PipPipPipPipPip
  • Posts:
    28,555
  • Joined:
    Jul 2007
  • Cash:
    0
  • High Fives:
    8,848

View Postpossumslayer, on 22 January 2014 - 11:44 AM, said:

didn't some kid a few years back make a perfect bracket on ESPN?
well, some kid and his family claimed he did. after the fact.
Posted Image

#21
Matt

Matt

    NashVol

  • Members
  • PipPip
  • Posts:
    4,737
  • Joined:
    Nov 2010
  • Cash:
    0
  • High Fives:
    2,738

View PostEaglefan, on 22 January 2014 - 11:18 AM, said:

Funny to see this and to see what his rules will be about making the perfect bracket as well. My wife works for one of his companies and is pretty peeved right now since the company has cut raises for the last three years but yet he has a billion to give away.

One of his companies is basically just underwriting the insurance policy against someone actually winning.  Most likely they just cash the sponsors check for the premium and make money on the deal.

#22
PuddingTime

PuddingTime

    2016 SEC Champs

  • Administrators
  • PipPipPipPipPip
  • Posts:
    47,080
  • Joined:
    Oct 2006
  • Cash:
    0
  • High Fives:
    14,735

View Postpossumslayer, on 21 January 2014 - 08:26 PM, said:

three...we got a his and hers..
getting all uppity on us with your high fallutin bathrooms

Posted Image


#23
WayzUp

WayzUp

    Cynical Optimist

  • Members
  • PipPipPip
  • Posts:
    7,417
  • Joined:
    Dec 2004
  • Cash:
    0
  • High Fives:
    1,706

View PostMatt, on 22 January 2014 - 08:52 PM, said:

One of his companies is basically just underwriting the insurance policy against someone actually winning.  Most likely they just cash the sponsors check for the premium and make money on the deal.
Yup, this is a money-maker for him...company I used to work for used to sponsor hole-in-one contests for golf scrambles with a free car being the prize if you ponied up $10 and actually made it.  We'd take out insurance in the event someone actually won & the price of said insurance would go up or down based on the length of the hole....obviously, the shorter the hole, the higher the cost for insurance.  

There's no risk here whatsoever for Buffet.
Posted Image