Subject: Numbers
BRK/B closed at $485.68
SPY closed at $614.91
Interestingly, only a couple of months ago they were the very same price. They criss-crossed on a number of days in the first three weeks of April.
Berkshire's entire relative-to-market rally, roughly third week Feb to third week April, has now unwound. Back on the longer term market tracking trend, for the moment.
Jim