[CommerceComet]

Those kind of payouts are insured. Same cost either way.

With a $1 million payout, I think Warren Buffet can afford to self-insure.

[jjotto]

Maybe, but that would be unusual. And Buffett’s challenge is for Berkshire employees only, $1 million a year for life, and the winner only has to pick a perfect Sweet Sixteen, not the whole bracket.

No one has come close in the four years he’s done the challenge.