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This option would immediately sell all of ones stocks in the
event that Warren Buffet ever dies.
Or include both in your idea
[theircompetitor, Oct 02 2014]
tried for celebrity death lottery, but got this instead. [popbottle, Oct 04 2014]
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||I am disappointed. I thought this was going to be
some way of mitigating the disaster of being late to
the buffet, only to discover that Sturton and the
intercalary have eaten all the good stuff.
||I was thinking along similar lines as Max, although I was more concerned about the issue of getting to the buffet only to find that the greedy carnivores have eaten all the veggie options too.
||I wonder if Warren Buffet has a strategy for eating
and succeeding at crowded buffets?
||The better trigger would be the death or retirement of the management of companies he has picked like Coke.
||The "Sell all one's stocks" at single point in time when everyone else is in panic mode question is:
Sell to whom?
||The nice thing about real stock options is that when you do decide to exercise the option the counterparty is already locked in. He has already committed to buy at a price or sell at a price.
||You can buy put options on Brk.b, if you want.
||Sorry I used the wrong term, but thats exactly what I
meant popbottle, but rather than having a definitive
stop price in mind I would like the time of buffets
death to be the factor triggering immediate sale.