Thanks for all the Berkshire thoughts and information you have provided over the years Jim. I’m also too dumb/scared to trade options, use leverage, etc, but I do like reading about your strategies.
His information about using long-dated DITM call options on BRK are great. As synthetic leverage. Once you understand the math. The implied interest rate is still too high right now, IMHO. It’s usually around 3% but now it’s 6%-7%.
Gives you plenty of time to work out and understand the math.
The price/book is quite low right now, reported as 1.25 to 1.31. From that aspect it seems like a good time to do it.