Jonathan Liss

Buffett's S&P 500 Puts: Big Blunder?

Some of these already expire in 2019 - if they were sold at around the SPX's high of 1,440 with strike prices at that level or even above it, it's not at all inconceivable Buffett could lose out. After all, if the S&P 500 returns to a level of 1,300 in 10 years, that would amount to a total gain of 50% from today's levels but would still leave many of Buffett's contracts under water.

p.s. Anyone know what the strike prices on these contracts are?

Dow's Rohm & Haas Acquisition: Simple Math

Shares of ROH are up nearly 11% today - nice call and timely analysis! Thanks

Berkshire Hathaway Fits the Buffett Good Business Standard

thanks for pointing that out Jordan - I have fixed it