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.
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