Warren Buffett - We Don't Do Options. We Simply Buy The Stock, Why You Shouldn't Either
In this annual Berkshire meeting. Warren Buffett and Charlie Munger Tells us why they don't trade options and simply buy and sell the stocks. Wall street wants to make things complicated.
Options are contracts that give you the right or the obligation to buy or sell a security at a certain price before a certain date. They can be used for hedging, speculation, or income generation. But they can also be very risky if you don't know what you're doing.
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