This is a ChatGPT-free Zone
So Buffett finally buys some JPM. He owned a bunch in his PA years ago and said it would be a conflict to own both JPM and WFC within BRK, or some such thing. I guess recent events (WFC scandals) have made him change his mind (as he may be starting to dump WFC). I’ve…
Someone pointed out that the $859 million GLD position was in the form of call options; I missed that (don’t go through filings late at night!) So the increase in the 13F portfolio from $1 billion to $2.2 billion is largely not ‘real’; just an increase due to the reporting of the notional amount of the…
This is not a blog that tracks the buys and sells of hedge funds or anything like that, but I just stumbled on this so I thought I’d post it. (Of course, a hedge fund manager liking gold is hardly breaking news, but…) We all know Stanley Druckenmiller; he needs no introduction (if you do,…