Feels lonely here. Everybody else seems to be buying something. I sold some puts after waking up, unfortunately having missed the start of the session when Berkshire was down much more. I never saw such "erratic" Berkshire quotes, jumping every second 1/2% up and down. It's calmer now it seems.

This btw is my general observation: That in times of turbulence that turbulence mostly happens during the first 1-2h and shortly before the end of the trading sessions and that in between it is calmer.

Would make psychologically sense: People eager to sell after Friday's shock are awaiting impatiently the trading session to open and immediatedly sell - with others using that to buy them. And the ones having missed out finally at the end of the session give up, use the last chance of the day and sell below what they had in mind respectively buy higher than what they had in mind.

Berkshire Hathaway FAQ

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