Subject: Re: Approaching 1 Trillion...
Everyone except you and I are probably bored to death with the subject by now, but one last point: If you don't factor in the small probability of a big downside, how on earth can you judge whether the return is adequate or nugatory?


I think that if you are not a day trader, taking a short position on BRK is a dumb risky thing to do. Puts, calls, whatever.
Not nickels. Pennies in front of a steamroller.

And if you *are* a day trader, why would you even be looking at Berkshire?