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Wow, I knew he was old, but had no idea he wasn't well. Aftermarket movement of BRK.A/BRK.B seems to be muted, so I guess right now investors aren't too worried

Wow, I knew he was old, but had no idea he wasn't well. Aftermarket movement of BRK.A/BRK.B seems to be muted, so I guess right now investors aren't too worried about the future of Berkshire.

bboygravity 3y ago
Most of the trades in that stock have been routed through dark pools (they don't hit lit exchanges), so even if there are (huge) trades you wouldn't necessarily see the price move.
- jjtheblunt 3y ago
  Do you have a citation with statistics for this? I don’t know if it’s right or wrong but regardless, it’s extremely interesting as far as assertions go.
  - jjtheblunt 3y ago
    Pertinent: https://www.investopedia.com/articles/markets/050614/introduction-dark-pools.asp https://www.investopedia.com/articles/markets/050614/introdu...
- scott00 3y ago
  Dark pool trades are reported to the FINRA TRF within at most 10 seconds and appear on the consolidated market data feed.
- nabla9 3y ago
  bboygravity is right. >BRK.A Off Exchange & Dark Pool Summary >Today's Off Exchange & Dark Pool volume is 6,792, which is 98.11% of today's total volume. Today's Lit volume is 131, which is 1.89%. Over the past 30 days, the average Off Exchange & Dark Pool volume has been 97.51%. The average Lit volume has been 2.49%. https://chartexchange.com/symbol/nyse-brk.a/exchange-volume/ https://chartexchange.com/symbol/nyse-brk.a/exchange-volume/
  - qwytw 3y ago
    > bboygravity is right. So you're saying I (or whoever) can can buy shares for less in one of the "dark pools" and sell them on the market and make free money?
    - nabla9 3y ago
      For you and me it offers an opportunity to lose money.
  - zie 3y ago
    They still show up in the market price, even if they are traded off exchange.
    - nabla9 3y ago
      afterwards. Order book is hidden before trade.
      - deleted 3y ago
        [deleted]
      - zie 3y ago
        Obviously, how could they report a trade that hasn't happened yet? It doesn't matter if the trade happens on or off book, it all gets reported nearly instantly anyway.
- qwytw 3y ago
  > so even if there are (huge) trades you wouldn't necessarily see the price move. So you're saying there is an arbitrage opportunity and you can literally make free money? Because that doesen't make much sense.. You might not see all the trades immediately, but they are still reflected in the price with minimal delay.
mkl 3y ago
No 99-year-old is "well" in absolute terms. A 99-year-old US man has only about a 66% chance of reaching 100: https://www.finder.com/life-insurance/odds-of-dying https://www.finder.com/life-insurance/odds-of-dying. A 95-year-old man has about a 16.5% chance of reaching 100, so he'd already done pretty well.
- paulpauper 3y ago
  I wonder what killed him aside just being really old. he died at a hospital and not at home, so something must have happened. his last media appearance was on the 17th of nov 2023.
  - xanderlewis 3y ago
    I doubt it’s anything dramatic. Stubbing your toe on a table leg could probably kill you when you’re 99.
- petrusnonius 3y ago
  Weirdly I was just looking for this data today, thanks.

Wow, I knew he was old, but had no idea he wasn't well. Aftermarket movement of BRK.A/BRK.B seems to be muted, so I guess right now investors aren't too worried about the future of Berkshire.

bboygravity 3y ago

Most of the trades in that stock have been routed through dark pools (they don't hit lit exchanges), so even if there are (huge) trades you wouldn't necessarily see the price move.

jjtheblunt 3y ago
Do you have a citation with statistics for this? I don’t know if it’s right or wrong but regardless, it’s extremely interesting as far as assertions go.
- jjtheblunt 3y ago
  Pertinent: https://www.investopedia.com/articles/markets/050614/introduction-dark-pools.asp https://www.investopedia.com/articles/markets/050614/introdu...
scott00 3y ago
Dark pool trades are reported to the FINRA TRF within at most 10 seconds and appear on the consolidated market data feed.
nabla9 3y ago
bboygravity is right. >BRK.A Off Exchange & Dark Pool Summary >Today's Off Exchange & Dark Pool volume is 6,792, which is 98.11% of today's total volume. Today's Lit volume is 131, which is 1.89%. Over the past 30 days, the average Off Exchange & Dark Pool volume has been 97.51%. The average Lit volume has been 2.49%. https://chartexchange.com/symbol/nyse-brk.a/exchange-volume/ https://chartexchange.com/symbol/nyse-brk.a/exchange-volume/
- qwytw 3y ago
  > bboygravity is right. So you're saying I (or whoever) can can buy shares for less in one of the "dark pools" and sell them on the market and make free money?
  - nabla9 3y ago
    For you and me it offers an opportunity to lose money.
- zie 3y ago
  They still show up in the market price, even if they are traded off exchange.
  - nabla9 3y ago
    afterwards. Order book is hidden before trade.
    - deleted 3y ago
      [deleted]
    - zie 3y ago
      Obviously, how could they report a trade that hasn't happened yet? It doesn't matter if the trade happens on or off book, it all gets reported nearly instantly anyway.
qwytw 3y ago
> so even if there are (huge) trades you wouldn't necessarily see the price move. So you're saying there is an arbitrage opportunity and you can literally make free money? Because that doesen't make much sense.. You might not see all the trades immediately, but they are still reflected in the price with minimal delay.

mkl 3y ago

No 99-year-old is "well" in absolute terms. A 99-year-old US man has only about a 66% chance of reaching 100: https://www.finder.com/life-insurance/odds-of-dying https://www.finder.com/life-insurance/odds-of-dying. A 95-year-old man has about a 16.5% chance of reaching 100, so he'd already done pretty well.

paulpauper 3y ago
I wonder what killed him aside just being really old. he died at a hospital and not at home, so something must have happened. his last media appearance was on the 17th of nov 2023.
- xanderlewis 3y ago
  I doubt it’s anything dramatic. Stubbing your toe on a table leg could probably kill you when you’re 99.
petrusnonius 3y ago
Weirdly I was just looking for this data today, thanks.