Swiss Investor

Berkshire Hathaway's Peculiar Volatility Numbers

That doesn't matter at all. Berkshire isn't the kind of company that has to be worried by a few billion dollars of noncash charges a quarter. In the long term, Buffett is most likely not going to pay out a dime on these puts, as Whitney Tilson insightfully noted. BRK is a screaming buy at these levels.