Post #6944 by sleepydragon on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)

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I have a small position in LSXMK. I don’t think Ted/Buffett bought for the arbitrage opportunity. You can’t short the Sirus stock (small float and no more borrow).
But after the deal close, the stock has a cleaner structure and may be added to index, and a lot of institutional money will start buying. Right now many institutions don’t want to buy a tracking stock.
Also, it seems at least to me Sirus’s subscriptions is highly correlated with new car sales. People are working from home. They drive less but are getting newer cars (I think). Maybe Ted/Buffett has some insights in the cars sales.

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