Joel Greenblatt was previously a fund manager at Gotham Capital and delivered an annualized return of 50% from 1985 to 1994, before returning all capital to its partners in 1995.
Oh yes, Buffett is a big user of these bad boys.
This year I’m making it a priority to pick up options as a tool to complement long-term investing—how to enhance my returns and generate income.
For anything …
WallStreetBets are monetizing Reddit better than Reddit itself
The last thing I want is to disrupt my compounding process.
Warren Buffet has many quotes but this one is the most apt for me when thinking about options “Never risk what you have and need for what we don’t have and don’t need.”
Options will be a tool …
Our last post talked about how option value = intrinsic value + extrinsic value.
Please here out the previous post on pricing an option and determinants of options price (1) if you haven’t! It’s important to learn what grinds the gears of this tool to use it …