Post #11703 by mungofitch on the US Policy board

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If you want to buy puts, wouldn't it make sense to by puts on a some stock index or some other commpany, rather than Berkshire?

Sure. Lost of other stuff will drop more, and is likely to stay down.

The only advantage of Berkshire in this context is that it's very much more predictable in terms of its valuation range, and it can be easier to figure out the various net outcomes if you also have long positions.

Jim

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