Why Berkshire Hathaway is a Coiled Spring and ready for a big move that’s been flashing Green Signals. A weekly close above $520-$530 range is confirmation. $BRK.B . It’s $505 today. It needs 4% higher to confirm AGAIN.
Just got back from a few days in DC meeting with lawmakers. The Protect College Sports Act is not perfect but we need to end this chaos now. We need stability or we will lose sports and lose opportunities for student athletes.
D-I athletics right now:
• UCLA: $219M cumulative deficit
• Rutgers: $516.9M in cumulative shortfalls since joining the Big10
• Iowa State: $147M projected budget gap
• NC State: $18.5M projected deficit
• Dozens of varsity programs eliminated in the last year
• New fees passed to fans
More money than ever, still not enough.
Fewer opportunities. Greater instability.
This isn’t what college sports should be.
Default rates are hitting recent highs, and internal reviews of loan health point to tougher times ahead for private credit https://t.co/EdoormcPfi via @WSJ | Like we said. Funding to private credit is essentially shut down. Just a matter of waiting now.... #EOD