Subject: Re: Berkshire and Tariffs
We are definitely experiencing the curse of "living in interesting times". It will be interesting to see how the BRK fortress responds. As Jim pointed out, BRK is quite American centered, so it ought to do better than average. I've long expected BRK to do better than average in a downturn. Despite many predictions, we have not had a downturn for sometime. It will be interesting to see if these aggressive tariffs trigger one.

As I type we are now 25% ahead of the S&P year to date. With 50% of my investment portfolio and 90% of my stock portfolio in BRK, we are staring to talk about some real money. I'm glad to be on the upside, though I wish the times were less "interesting".