I think it is funny that the discussion of safety of berkshire shares concentrates on the difference between holding in street name, or your own name, the shares.

How do berkshire shares fare in the event of a nuclear war? A pandemic that actually decimates us? A takeover of the American government by people who think that not extending the debt limit of the US Government is fiscally responsible (and thus crater the US dollar)?

I don't think holding our berkshire shares in a fireproof weatherproof safe you have buried underground will help much in any of these situations.

Not to discredit the technical issues being discussed here, but isn't it more likely that the US gov't gets an elected government that craters the US dollar than that Fidelity has some event that causes it to treat margin and cash account holders differently when it comes to "giving" them their stock back? Actually that seems to be an interesting question to me and I don't know the answer.

R: