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View Full Version : Warren Buffett betting Red Sox will not win World Series


Fenway
04-12-2007, 01:38 PM
One of Warren Buffett's many ventures is a New England furniture chain.

They betting bigtime Boston will fail ( they got the idea from a Chicago store )

http://www.jordans.com/about/pdf/jordansmonsterdeal.pdf

HotelWhiteSox
04-12-2007, 01:43 PM
Rebate after the fact, smart

SBSoxFan
04-12-2007, 03:48 PM
One of Warren Buffett's many ventures is a New England furniture chain.

They betting bigtime Boston will fail ( they got the idea from a Chicago store )

http://www.jordans.com/about/pdf/jordansmonsterdeal.pdf



Is that the store that offered rebates on snow blowers if it didn't snow more than X inches during the winter, or is that just a made up statistics example?

ilsox7
04-12-2007, 03:50 PM
Rebate after the fact, smart

Which means that even if the Sawx win it all, they probably still won't lose any money.

Fenway
04-12-2007, 03:52 PM
Is that the store that offered rebates on snow blowers if it didn't snow more than X inches during the winter, or is that just a made up statistics example?

This place is just funiture but they are brilliant

They have amusement parks and IMAX theaters to get the family to visit

http://www.jordans.com/imax.asp

http://www.jordans.com/customer_service/mom.asp

tick53
04-12-2007, 05:36 PM
Warren Buffet has enough money to bet on anything (and lose):D:

Vernam
04-12-2007, 06:49 PM
So that's how he became a billionaire. :redneck

Vernam

Fenway
04-12-2007, 07:45 PM
So that's how he became a billionaire. :redneck

Vernam

imagine if he had a store selling to Cubs fans :tongue:

IlliniSox4Life
04-13-2007, 05:00 AM
Most companies that do this buy insurance to cover the chance of them having to payout, so if they do have to they don't go bankrupt. But if this is a large enough company, they might not.