glen Posted November 20, 2008 Report Share Posted November 20, 2008 Article: Buffett's Berkshire Falls Most in at Least 23 Years ... investors are concerned about losses on the company's $37 billion bet on world equity values more than a decade from now. Buffett sold contracts to undisclosed counterparties for $4.85 billion protecting the buyers against declines in four stock indexes including the S&P 500. Under the agreements, Berkshire will pay as much as $37 billion if, on specific dates beginning in 2019, the indexes are below the point where they were when he made the agreements. Now that's "all in". Edit: Details: http://clusterstock.alleyinsider.com/2008/...arren-buffetted Quote Link to comment Share on other sites More sharing options...
Al_U_Card Posted November 20, 2008 Report Share Posted November 20, 2008 No big when the deck is marked... Quote Link to comment Share on other sites More sharing options...
y66 Posted November 20, 2008 Report Share Posted November 20, 2008 Interesting. Quote Link to comment Share on other sites More sharing options...
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