Okay, $TMS is opening at $9.02 (vs. $9.20 when I tweeted), but I will cop to being “wrong” here.
That said, skimmed the call, and I truly believe market is completely missing the boat here. The quarter is red flag city.
Truly believe this should be >50% lower. (I do not short,
Prediction: over the next 12 months, $BRK.B will outperform the index, and in hindsight putting the cash pile to work will be seen as bullish & obviously the right move.