Sears Holdings Corp. (fka SHLDQ)

[Crusen]

Yep I'm dealing with it with puts.

Lampert is insane or something. He and Mnuchin have looted it, the pensions, the real estate over the last 15 years. Whether on purpose or through incompetence the results are the same.

Of course ESL was never going to take a loss here.

"The index thing is absolute agony for investment professionals … who have almost no chance of beating it," Munger said. "Most people handle that with denial ... I understand — I don't want to think about my own death, either."

https://www.yahoo.com/finance/news/stock-pickers-beware-berkshire-hathaways-204942226.html


With a ham handed man child who ran on a platform of border tariffs and no foreign policy experience, and China, Iran and others potentially getting ruled up it is hard to say.

Also, China has been showing signs of secular weakness and bubbly characteristics for some time.

Just because the domestic markets appear safe at the moment it does not mean they would survive an international economic collapse. Greece, Italy and Britain also being concerns.