Hints and tips:
...Their responses, and justifications of variable length, are below. Spoiler alert: if you don’t already have a subscription to The New Yorker, now would be a sensible time to get one....
...For life companies ultimately the default rate on credit is the critical variable as both liabilities and asset are marked to market under Solvency 2....
...A second study, Jones et al. (2011), analyzed a treatment for localized prostate cancer (an early stage of prostate cancer with a five-year survival rate on the order of 80 percent)....
...But it’s a useful insurance policy if the economy were to take a sudden cyclical lurch downwards....
...What really happened at Northern Rock, Royal Bank of Scotland et al? This gives you a clearer idea....
...Through such additional considerations, investors such as Buffett/Fischer/Greenblatt, et. al. seem to have dramatically improved upon Mr. Grahams original concept. Thank you....
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