indirect

No trolling intended. Core is something I am looking at in energy sector.

Let me give you a example, very moaty oil service company, Core Labs, dividend down to $.01.

Has any of our European friends buying BRK in euro in the stock exchanges there? what has been your experience with liquidity, spreads and fees? Thank you in advance.

If you read Indian press reports, he was not able to go thro block buy of KRBL.

Sorry to hear about your messy divorce. Happy to help you anyway I can. Send you a PM.

+1

S&P 500 put premiums are so expensive, while calls are so inexpensive, that it is possible to make an extraordinary wager that equities will rally sharply over the next three months. Selling just one three-month S&P 500 put with a strike price 5% below the market is enough to buy eight S&P 500 calls with identical expirations that are 5% above the market. The funding ratio of puts to calls is at a 10-year high, according to Mandy Xu, a Credit Suisse derivatives strategist. Over the past decade, the average ratio was 2.3 calls for every put. The current setup is either a great trade or a recipe for extraordinary losses. But if you believe the next three months will be strong—and a reader recently emailed that “if” is one of the smallest words in the dictionary, but has the most meaning—getting potentially free upside in return for taking on the risk of a 5% decline is attractive. From today’s Barrons I wonder what the board's thoughts are on this trade. I believe its a good contrarian bet, but not complete conviction.

The Disruption of Transportation and the Collapse of the Internal-Combustion Vehicle and Oil Industries https://static1.squarespace.com/static/585c3439be65942f022bbf9b/t/591a2e4be6f2e1c13df930c5/1494888038959/RethinkX+Report_051517.pdf

If you look at the long term trend of productivity, it is increasing (low or high rate does not matter). So unless we have thermonuclear WW III, my working theory is that we will continue to have higher productivity and society will be richer.

I have met Benj at CoF&B dinner , nice guy and good long term record.

http://www.barrons.com/articles/why-mohnish-pabrai-likes-gm-fiat-and-southwest-air-1481352344

Italy referendum: PM Matteo Renzi suffers heavy defeat, exit polls suggest http://www.bbc.com/news/world-europe-38204189

I always sell my highest cost shares first. Schwab, etrade and IB lets you pick your lots for selling.

http://www.livemint.com/Companies/lJU16MfCSb9VQG2EhphBMK/Prem-Watsas-Fairfax-gets-initial-approval-to-buy-Catholic-S.html

My hedge was coal stocks which I hope will hold.