Option selling provides limited profit while option buying provides unlimited profit. Moreover, option buying has limited loss while option selling has unlimited loss. Option buying needs less capital, whereas option writing needs more capital. As for the reason why people opt for option writing despite its disadvantages, it will be discussed in the next lesson.
Billionaire Terry Smith lists 5 reasons why Warren Buffett’s success can’t be replicated
Billionaire Terry Smith, often called “the English Warren Buffett,” argues that replicating Buffett’s success is impossible today. He cites Munger’s influence, leveraging insurance float, and