Covered Calls on Berkshire Hathaway: Is There Really a “Free Lunch”?
The quest for a “free lunch” in financial markets has fascinated investors for decades. Popularized by the legendary Warren Buffett himself—though usually to warn that “there is no such thing”—the phrase describes strategies that appear to generate extra returns without increasing risk. One strategy frequently whispered about in value-investing circles is the covered call. But is selling covered … Read more
