The idea is you pay $2m, and if you lose, the insurance covers the $1B (or $500m... | Hacker News

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		ghshephard on Jan 22, 2014 \| parent \| context \| favorite \| on: Warren Buffett offers $1 billion for perfect March... The idea is you pay $2m, and if you lose, the insurance covers the $1B (or $500m if in one lump sum)

IgorPartola on Jan 22, 2014 [–]

Thank you. I was really misunderstanding that. Late night comments...

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