Subject: Re: brkb and the calls, for those with an interest,
I’ve always seen Berkshire as ballast in our portfolio, and it looks like we’re nearing a tipping point where its function as ballast in a storm is about to come in handy. Tech stocks are listing and some are taking on water. SaaS stocks are outright sinking. If Berkshire just treads water in a suddenly southern market we will do just fine. Wealth, after all, is just relative. Holding value while the S&P sinks will make you richer.