No. of Recommendations: 1
For those looking for ideas, with brk trading at this valuation, I sold calls. You can sell the 335 or higher, go out 1-2 months, or longer. brk options are not liquid and trade with fairly large spreads. Thats one advantage of being long spy, the option liquidity is far superior. Selling puts on large sell offs and selling calls on big rallies, can work over time. Good luck.
No. of Recommendations: 3
selling call options, at 1.5 plus bv
Price to peak book value is arguably the better valuation indicator. That is right about 1.4 right now, going by book values posted here. If I recall correctly, that's getting a bit over average, but is not grossly high.