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Re: Dondoodit post# 9647

Wednesday, 06/17/2009 11:34:41 AM

Wednesday, June 17, 2009 11:34:41 AM

Post# of 10201
Isn't he the one who converted the assets to pounds?

I wonder if he pulled the reverse miracle for MAX?

I bet the IPC attempt was a "buy low" strategy.

http://www.exchange-rates.org/history/GBP/USD/G/30

At least he left the wreck on a strong foot. It wasn't his fault that canopius couldn't see how. The pound event is what eventually caused me to throw in the towel on the wreck.

Those guys at Canopius must be feeling like a bunch of regular "Warren Buffoons" International liabilities with country specific assets. Pure genius in diversification, not?
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