Did you know that for more than 30 years, Warren Buffett has used a special tool that lets him buy high-quality stocks for up to 10% off market price? Even more amazing, if the tool "fails" to get him a bargain, it will pay him cash for his trouble anyway.
Best of all, any investor -- not just billionaires -- can use it.
So what is this bargain-hunting, income-generating tool that's served Buffett well all these years?
It's called the stock option . And while around 75% of "buy and hold" investors have never used stock options before, according to a TD Ameritrade survey , it's been the billionaire's secret weapon for reducing exposure to market volatility, preserving capital and even generating income.
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A Division of Weiss Research Inc.
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