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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: Bluehorseshoe   😊 😞
Number: of 21944 
Subject: Re: Just sold
Date: 07/15/24 3:09 PM
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No. of Recommendations: 2
What shares I have left are in a taxable account where I’m not interested in paying capital gains taxes. I took a gamble selling some calls against a smidge of my taxable holdings. I sold the Dec 455s for $11.75 which is a $466.75 exit in December. That would be 1.65x my expected Q2 bv of $283 and 1.57x my current useless estimate of Q3 bv of $297 currently.

I had been selling cash backed puts across Aug through Dec in my tax free accounts and opted to close all of those today. I managed to pocket 55-90% of the premiums received depending on the contract. My CAGRs ranged from 5% to 77% but the overall average was in the mid teens. As others have said, it seems a little frothy here and I’m content pocketing a little beer money and waiting for another opportunity.

Jeff
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This community has written 21,448 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 57 recs · 2023
Summary of 2Q 2026 · 54 recs · 2026
3Q Summary · 53 recs · 2024
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