Rohan Jain

76%
Flag icon
We have told you before that our derivative contracts, subject as they are to mark-to-market accounting, will produce wild swings in the earnings we report. The ups and downs neither cheer nor bother Charlie and me. Indeed, the “downs” can be helpful in that they give us an opportunity to expand a position on favorable terms.
Berkshire Hathaway Letters to Shareholders: 1965-2024
Rate this book
Clear rating
Open Preview