Given all this, I'm not sure what you have in mind is simply a change in the composition of your portfolio. If your aim is really to expend less time and energy on investing, wouldn't that mean, first of all, abandoning the covered calls? I speak in ignorance of the time involved, but my assumption is that investment methods that require repeated acts of good judgment take time and brain space. This is why I avoid them!

Mungofitch has discussed the merits of equal weighting about as well as can be done, but if that doesn't persuade you, there are of course index funds constructed on other principles.

But honestly, I can't help wondering if an investor who has enjoyed success using the methods you describe (big bet of BRK, options on the highfliers) is going to be all that happy with an unchanging portfolio of index funds?

Baltassar

Berkshire Hathaway FAQ

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