Subject: Short brkb, long spy ? It isn't my thing
BUT,I wonder if any sharp money is looking at this trade, since I'm sure Buffett is as shocked as anyone?
" Berkshire still retains its year-to-date lead over the S&P but that lead hasn't been increasing lately.
The B shares' outperformance over the S&P rose to 25.2 percentage points on April 3, the largest it has been so far this year.
Today, the gap is 24.4 percentage points."
https://link.cnbc.com/public/3...