Subject: Munger, Bloomberg, Doug Kass
Old timers remember ten years ago when Brk invited Kass to make the bear case Brk, at the annual meeting. With Jim Chanos closing his bear fund, and new memories of bears like Kass consistently being wrong, proving how hard shorting is, it makes one wonder, are stocks in very high risk territory? The Vix under 13 again? In general, shorts getting burned,again. Interesting times.