Tuesday, June 16, 2009

Out of Berkshire Hathaway & Susquehanna

Not that I don't believe in Warren anymore, because I do. But BRK.B has simply become a proxy for the market, thanks to the put options he wrote. I'm hoping to buy BRK.B back when the market tanks. 15% gain.

Susquehanna -- I grew up banking with this company. However, they seem to have acted like a big bank with their lending practices. 45% loss. I'll be buying this one back in the low single digits.

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