Kids Buy Berkshire - I Max out Portfolio Exposure Ahead of Friday's Option Expirations

Just a quick one to get back on the blogging horse.

During the Berkshire Annual meeting, I realized the newly depreciated Berkshire B-shares are in the kids’ price range. Each bought a share for their accounts; they are proud owners of Dairy Queen (among other valuable assets that are not nearly as exciting as Dilly Bars).

Functioning on little sleep, after updating my long-forgotten Quarterly Earnings Calendar Sheet into the wee hours of the morning, I placed 6 orders today - three of which were executed before exhausting my available funds. I closed a short put position in FTNT (glad to also be a shareholder today as FTNT jumped 20%+ on last night’s earnings release). In an effort to pick up nickels - I sold two out-of-the-money put contracts (BYND and USB) that expire at the end of trading tomorrow.

I plan to blog more often; most frequently, a terse summary of the day’s orders. My investment strategy has changed significantly in execution or tactic, but hopefully not in overall, long-term investing strategy. My broker recently added options trading to its offering and I have been using options in an attempt to improve my investment performance. Hopefully a new post will soon be up on the strategy portions of this site - No Promises!