Buffet and Munger are value investors, there are multiple strategies in both investing and trading. Jim Simmons might be a more relevant example here in regards to trading if you are comparing the two.
They are value investors… who definitely know the technicalities of the market, and have at times taken serious size option positions. They say to just buy index funds because otherwise it’s a full time job with all the research and accounting.
baq|3 years ago