Subject: Re: Tariff reaction tomorrow?
Me: betting against Berkshire by buying Puts.

Rayvt: Yeah, here is when De gustibus non disputandum est comes into play. Almost all of my such plays have turned out to be suboptimal. I tip my hat to those who make it work, but I suck at it.

Ray, whether it was Tesla or SaaS stocks, I nearly always was wrong with puts. The only exception is Berkshire, thanks to it's relative predictability of trading in a narrow range Price/PeakBV range, resulting in me just having bought puts again (Apr'17 $460 and $465, for $7 respectively $8.4). We'll see whether that works out :)