One question I found particularly interesting revolved around the structure of the equity puts Berkshire Hathaway sold years ago during the financial crisis.
It's not his job to reassure us, but to set us straight about how uncharted the waters really are -- while assuring that we will get to the other side.
Consider this options trade as AAPL's strength seems overdone in this environment.
Make no mistake about it: Buffett is bearish on U.S. stocks, on airline stocks, on the global economy, and on Berkshire Hathaway's stock (over the near term).
Not only did Buffett completely dump his position in airlines but he noted that he was unable to find attractive ways to put his huge cash holdings to work.
The luxury home furniture gallery reports financial results for the fourth quarter and fiscal year ended February 1, 2020, after Monday's market close.
I would be a seller of these puts, a la Warren.
The options market has been active on this one favoring bullish behavior.
Would love to know if Warren Buffett is adding here, or keeping his powder dry. Would simply love to know.
To give up hope for a cure is to make a bet against the smartest people in the world.