Gurufocus had an excellent interview with famed value investor Donald Yacktman.  In the interview Yacktman shares some extremely valuable insight on characteristics that he looks for when buying businesses.  He also talks about how he sold put options on BP after the Macondo disaster like we did, and how his son uses stock options in a way similar to how we do at TTCM.  The problem with mutual funds is that it is very difficult to implement options strategy due to size and institutional constraints placed upon them by regulations.  Yacktman is one of the best value investors out there and I believe anybody can learn a lot from watching this video.

http://www.gurufocus.com/news/190790/don-yacktmans-lecture-at-texas-lutheran-university-discussing-his-investment-philosphy

INVESTING IN THE FINANCIAL MARKETS INVOLVES RISKS. OPTIONS ARE NOT SUITABLE FOR ALL INVESTORS.