Subject: Re: I’m Trimming - Filed @472
Just important to remember for all those that think this is something unusual that Berkshire shares are doing - BRK is just roughly tracking the XLF financial ETF (which along with the S&P 500 products is a big source of fund flows). Progressive is absolutely crushing BRK and Chubb is right there with the same moves.
It may just be that insurance companies are breaking out
Link to chart comparing BRK.B, PGR, CB and XLF
https://api.wsj.net/api/kaavio...