Serving the Quantitative Finance Community
Re: end of an era
Better short sell McDonald's shares then.W.Buffet to retire by year end
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Author of Machine Learning: Hands on for Developers and Technical Professionals (Wiley).
Contributor: Machine Learning in the City (Wiley).
Author of Machine Learning: Hands on for Developers and Technical Professionals (Wiley).
Contributor: Machine Learning in the City (Wiley).
Re: end of an era
As it happens, BRK is the only single stock in my portfolio, so I’m paying attention. I do find it interesting that the expected PV of future alpha generated by a 94 year old guy is as big as that implied in the pre-market stock price move, especially as he pre-announced his retirement in his February letter, but that’s markets for you…
Re: end of an era
So, after a full trading day, the answer seems to be around $50 bn. But maybe there was some extra selling pressure from people who held on to the stock as a ticket to the annual party in Omaha, which probably won’t ever be the same.