Subject: Re: Strategy - covered calls in retirement
What is the range of price(s) you expect BRK and S&P 500 to be at, on July 15, 2028 i.e. 5 years from now? Ignore or include dividends. Assume Buffett is no longer with BRK.
BRK - Intrinsic value will grow at inflation plus 6.5% per year. S&P 500 similar. Market price will correlate with that the further you look out.
Buffett not needed for those returns over the next 20 years.