March 18, 2012 Comments

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I am thinking of adding to my position in Berkshire Hathaway on the basis that it is likely having a good quarter. It’s book value should gain nicely on its 700 million options to Buy Bank of America shares and on its equity index derivatives (which tend to gain in value when the indexes rise, although there is also the impact of volatility and currency impacts. I expect that Berkshire’s various operating businesses are doing well as the economy recovers. It’s insurance operations however are not something I can predict at all.

 

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