Subject: Re: Check Capital Management BRK Options Stragegies
Strategy details are lacking, but I was surprised to find real world stats on some options strategies on BRK employed by a large well-established firm. There are lots of ways to skin that cat, chacun à son goût.
OK. So they sold covered calls and got lucky because stocks in general were doing well, BRK in particular. Big deal.
There is no cat unless Schrödinger is involved.
Sorry, not seeing why any of this matters unless it is repeatable, which it is not. Burry and Paulsen can testify.