Subject: Re: Please take the OT posts elsewhere
As expressed in your post using options etc. might be completely contrary your LTBH philosophy - - - but as it's always about BRK options (Years ago it was about Tesla, but that's long gone) those posts are perfectly on topic - just by posters with a different mentality.

Maybe on topic for you, but I would submit it’s not on topic for Charlie or Warren. They clearly counseled against it for the dumb average know-nothing investor like me. If you wish to do put options on BRK, be my guest, but I suggest it might be a bit of modest speculation. You once implied LTBH is boring, but I submit it is not, because those of us who have held a large position in BRK and added to it in a very big way over the last 30 years have generated substantial net worth by this “boring” approach. That IS NOT BORING AT ALL. In fact, it’s quite exciting! I ask you honestly — are you investing a significant part of your net worth in options or are you just nipping around the edges a bit for some pocket money. If it’s just nipping around the edges then the discussion on the board advocating option trading is taking on a bit more disproportionate emphasis compared to those who commit heavily to this stock over the long term. Wealth creation is achieved with conviction by committing a lion’s share of one’s net worth to good businesses and equity positions that will compound like a snowball over time. Can options create large net worth? Show me some proof of successful option traders who have bested Warren. So, IMHO, that’s why LTBH is VERY ON TOPIC, and not something to be drowned out amidst all the incessant discussion about options trading. You’re not going to commit a lot of your net worth to options but a LTBH investor like myself and others on here will have the intestinal fortitude, iron wrought discipline, conviction, and the cajones to ride out the drawdowns by staying the course and committing a large portion of their net worth to a process that will work over time. That does create wealth…just like WEB who has 99% of BRK in his name. Go back and watch that video again and see what Charlie said to everyone and the laughter which ensued. “I don’t think the affluent investors here got where they are today with LEAPS.” Or something along those lines. He’s right! I appreciate your point of view, but I disagree.