In what is becoming a regular occurrence, Berkshire Hathaway (BRK.A) (BRK.B) has logged another week as one of the most heavily traded corporate names in the credit default swap market. During the week ended October 9, there were 65 trades with notional principal of $704 million on the firm, ranking Berkshire Hathaway 14th among all reference names and 4th among all non-sovereign reference names. The chart below (which does not include the data above) shows that trading volume has exceeded $500 million on Berkshire Hathaway six times in the last year. While the passion of many investors in Berkshire Hathaway leads them
to dismiss this volume as "noise," it's moving firmly into the "news" category.