Subject: Re: On Topic (really :): A Berkshire Hathaway question
the widths of the buckets...
divided...equal by number of days.

Great! That's what I meant (plotting P/B on X axis and number of days on Y is bell shaped (extreme P/B is rare), therefore dividing that curve into intervals with an equal number of days becomes more narrow towards the middle).

Clarified - and very helpful in developing a leverage strategy!