Subject: Re: Option strategy on Berkshire
“I regularly sell put options, but not for income. I use them as a tool to accumulate stocks that I like at slightly lower prices than currently available.”

Warren sold puts as well I believe when he happily added to our KO position back in the 80s. I wonder whether he used them when we bought so much OXY so quickly a couple years ago. I think he also said upon reflection, if you really like the business, just buy more of the stock vs. selling puts.