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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: ValueOrGoHome   😊 😞
Number: of 21938 
Subject: Berkshire's Higher, not Lower - Now What
Date: 01/21/25 4:15 PM
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I started getting comfortable with the idea of more money in Berkshire instead of fixed income. I wanted a 3.5% discount from last Monday's trading point to make the move, so I sold some puts to get a better price.

Since then, Berkshire is up almost 5.5%. My earliest expiring puts (June 2026) have returned 50%, and the latest (January 2026) have returned 36%. The gain is nice, but it places

The simplest thing I can do is just wait, and consider the return on the puts an extra on top of the cash being earned in my money market. Keeping if if Berkshire stays high, or turning into Berkshire stock if it gets low (and put). That was my original intent.

But I could instead buy pack my puts, to close out the contract. I was never expecting the puts to change price so quickly. But I would keep the money earned in my money market, and put an order to sell the puts again when the price gets closer to where I'd want to buy Berkshire.
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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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