buffet has cornered a market ~~~ he has a bucket load of short SP500 puts ~~~ but they are so far out none of us in our life time ever get to enjoy the game the time for them come to expire ~~~
but you know how he can be made to enjoy some pain? ~~~ take out his insurance businesses ~~~
sounds interesting, how far out are these , any details ?
They go out to Dec 2015, but there is not much action there. Most of the volume is around Dec 2013 amd Jan 2014.