Berkshire Letter P2: Selling Market Puts
Berkshire Letter P2: Selling Market Puts
(via www.futureblind.com)
Buffett has pulled it off again. He’s made a creative, favorable bet that may pay off handsomely for long-term Berkshire shareholders. Over the past year, Berkshire Hathaway sold put options on the S&P 500 and three foreign indices. These options have a potential profit of over $36 billion.

