FIG trader_

Why Kass Is Wrong About Berkshire Hathaway

He is specifically is quoted as saying it is the performance of the four stocks as well as other things. Is he referring to the credit default swap which are under water by 1.5 Billion? Big F'n deal. WEB hasn't taken a multi-billion loss ever, except for catastrophe losses. I wouldn't lose sleep over a markdown on a credit he has studied. Or the index put sold at par. A 15/20 year bet. Fuggedaboutit. Kass will be 6 feet under as will WEB, but the cash will be compounding