Only 1% of all homes are insured.” Q: Bubbles are developing in a lot of asset classes, so what do you continue to bet long-term on? A: "We like the stocks that we have such as Johnson & Johnson, Wells Fargo. Our thinking is that the stronger get stronger and good management will prevail. Look at the commercial/industrial mortgage problem. There are 100 regional banks in this and say they all go bankrupt. That means there’s opportunities for strong banks like Wells Fargo who can buy regional or smaller banks for nothing." Q: You have raised equity capital and privatized two insurers are there more acquisitions in the future? Full Article at National Post