No. of Recommendations: 2
'' Maybe my fellow posters, especially those "playing" themselves with options, have comments? '' since this is the brk board, what would Buffett and Munger advise for Americans
I have never heard of Buffett or Munger doing anything with options in the short term. Every trade I am aware of has been multi-year options.
They believe they can predict the market better in the long run than in the short run. In other words, they don't believe they can time the market, or perhaps more to the point, they don't believe they have to try to time the market in order to make money.
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