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Strategies & Market Trends : Value Investing

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To: Madharry who wrote (30950)5/14/2008 1:39:42 PM
From: Jurgis Bekepuris  Read Replies (1) of 78748
 
You can think whatever you want, just don't assume that others should agree with you. Maybe you can answer this question: How BRK exposure to derivatives should be accounted? Should he mark his sold naked puts to market or not? He is not buying them back right now (or in the foreseeable future) so with your reasoning, they should not be marked to market. So how do you decide what to mark to market and what not to? Is there some Madharry rule that has to be followed? And how is it better than the current accounting rules?
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