Warren Buffett Talks Structured Settlements
Berkshire Hathaway’s 2017 Annual Meeting Excerpt Warren Buffett Knows (and Likes) Structured Settlements |
May 22, 2017 – Earlier this month, attendees of Berkshire Hathaway, Inc.’s Annual Meeting witnessed Chairman and principal shareholder Warren Buffett respond to a question about the company’s structured settlement holdings.
You can watch the four minute excerpt of this exchange Although the respected “Sage of Omaha” steadfastly refrains from publicly making ANY personal recommendations on ANY type of investment or financial decision, those working in the personal injury litigation field can take comfort in knowing that one of history’s most successful financial investors clearly understands and appreciates the importance and value of structured settlements. In addition to explaining that Berkshire Hathaway is often a preferred choice for those entering into structured settlement arrangements due to the company’s superior financial standing, Chairman Buffett explains that structured settlements are often . . . “. . . urged by the court or urged by family members who really do have the interest of the injured party at heart.” – Warren Buffett – |
According to Chairman Buffett, Berkshire Hathaway accepts approximately $30,000,000 worth of structured settlement annuity contracts every week ranking the company first among the competitive 5.8-billion-dollar annual structured settlement market (2016 results).
I’m proud of the fact that many of our clients, like those Mr. Buffett references, prefer Berkshire Hathaway for the structured settlements we place on their behalf. And why not? They’re an excellent choice. It’s probably safe to assume that nobody ever went broke emulating Warren Buffett’s approach to money. Long a believer in “slow and steady” winning the race, it only makes sense that he would appreciate the value of structured settlements. If structured settlements were people, they would be Warren Buffett. When it comes to making decisions about personal injury settlement proceeds, structured settlements might not stand out as the shiniest toy in the store. But anyone seeking the best, safest and most durable option when settling a personal injury claim would be hard pressed to find anything better. Listen to your heart. Choose structured settlements. RELATED: Be sure to read “Managed or Mangled Money” to better understand the lurking risks that can sabotage the futures of those who choose to focus on the sizzle of managed funds instead of the steak of guaranteed income when making financial decisions. |
Thank you for the opportunity to be of service and best wishes for continued success in your personal and professional lives. (Reprinted from our May 22, 2017 Newsletter) Heart Money image courtesy of Sira Anamwong at FreeDigitalPhotos.net |
Posted: May 22, 2017 | by dan | Category: Articles, Blog, Newsletter, Structured Settlements