Subject: Re: spy vs brkb YTD
Did anyone here suggest long spy short brkb was the correct trade in January?

It wasn't really the best trade in January, as the relative performance year to date is still relatively flat.
It was however a pretty smart trade if you put it on in April, though.

I have been significantly net short Berkshire since then, and have made quite a bundle. I haven't been long the S&P, but long some things that correlate with it, so that side has made money too. It has been a good three months.

Jim