Video Link: https://youtu.be/jxg3qnfjFUs
[My Takeaway]
"Why risk losing what you need and have, for what you don't need and don't have?"
~Warren Buffett
Enjoy the present.
[What is LEAPS?]
"Long-term equity anticipation securities (LEAPS) are publicly traded options contracts with expiration dates that are longer than one year. As with all options contracts, a LEAPS grant a buyer the advantage, but not the necessity, to purchase or sell—depending on if the option is a call or a put—the underlying asset at the predetermined price on or before its expiration date." ~Investopedia
For more information, visit:
https://www.investopedia.com/terms/l/leaps.asp
[Full Videos of Berkshire Hathaway Annual Meeting 1997]
https://buffett.cnbc.com/1997-berkshire-hathaway-annual-meeting/
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