While the 5th edition provides a more current and comprehensive resource, the 4th edition remains a valuable introduction to those new to options trading. Options as a Strategic Investment offers a comprehensive guide to understanding and implementing options trading strategies. “One of the first gifts I received when I started working on a trading desk…

Buffett frequently referred to Phillips 66 as one of the best businesses Berkshire invested in because of its consistent dividends and share repurchase programs. Berkshire later sold $1.4 billion worth of shares to Phillips 66 in exchange for Phillips Specialty Products. Berkshire sold most of its shares but held 472,000 shares until 2012. As Tesco’s…