Buffett Ignores Changing Volatility In Put Contracts Valuations

Warren Buffett’s decision to write $50 billion worth of European-style put contracts against major stock indices between 2004 and 2008 for $4.9 billion in premiums has previously drawn attention for the strange way they seem to have been priced …

Buffett Ignores Changing Volatility In Put Contracts Valuations

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