What is " by a factor of 10'?
Talking about the merge of Berkshire Hathaway Inc. and General Re Corporation, it is said:
This is not simply Buffett’s biggest deal—it is his biggest deal by a factor of 10. The $22 billion transaction amounts to 60% of Berkshire’s shareholder equity of $34.8 billion (as of March 31, 1998). This is a “bet the company” deal.