Subject: Re: Option strategy on Berkshire
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.
I don't think he used them with OXY but he used short puts a ton to acquire the position in Burlington Northern Santa Fe.