Originally Posted by yakers
I don't know if this would be a time to short BRK
I'd like to think that all the short money has already been made here. Yup, I'd really like to think that.
Swiss Re is just another of the series of deals he extracted from Goldman Sachs, GE, and who knows how many others to come. I guess it could be called "investor of last resort" diversification. And then there's all the companies who might feel free to call him any time, like Wells Fargo, Moodys, & BNSF.
And I wonder if Buffett is feeling any longevity-related pressure to spend down the rest of the war chest. One of the Berkshire companies recently bought a RV manufacturer. NetJets is buying a German airport. Buffett has been watching (South) Korea companies for over five years. I can only imagine the "wish list" that he's been marking up in his office.
The annual report will be out in a few weeks, probably the weekend of the 27th/28th or 7-8 March. This annual report will also go into more detail on his put options, and it's probably the most-anticipated letter Buffett has published in over two decades. If he pulls off his usual highly-public calming of the faithful then it'll be a very bad time to be short.
But I've been wrong before...