3-Bullet Sunday, 28 Feb 2021

Happy Sunday everyone!

This week I wrote a guest post for Vintage Value Investing on how we can use options for special situations investing.

Find out how Joel Greenblatt used options to hit a homerun on Marriott's spinoff!

I. The long-awaited Berkshire 2020 shareholder letter is finally here!

You can read about my key learning points in my Twitter thread.

If there's 1 key thing I hope you take away it will be this quote:

"The best results occur at companies that require minimal assets to conduct high-margin businesses – and offer goods or services that will expand their sales volume with only minor needs for additional capital."