Kevin Simpson > Quotes

“It entails investing in companies that have great balance sheets, solid fundamentals, good management, great products, supply chains, the ability to increase their prices during inflationary periods, and the agility to navigate recessionary periods because they manage well and have free cash flow on hand.”
― Kevin Simpson, Walk Toward Wealth: The Two Investing Strategies Everyone Should Know

“We look to harvest volatility when selling calls.”
― Kevin Simpson, Walk Toward Wealth: The Two Investing Strategies Everyone Should Know

“Those options are in-the-money and could potentially be exercised right away. You would typically only sell these calls if you were bearish short-term on the stock, or you were tactically trying to exit the position.”
― Kevin Simpson, Walk Toward Wealth: The Two Investing Strategies Everyone Should Know

“If you buy an option, you are considered a holder. If you sell options, you are considered a writer.”
― Kevin Simpson, Walk Toward Wealth: The Two Investing Strategies Everyone Should Know

“It’s always relevant to share the importance of having a long-term timeframe, committing to an investment strategy, and allowing the power of compounding to do its work.”
― Kevin Simpson, Walk Toward Wealth: The Two Investing Strategies Everyone Should Know

“Two lists of potentially attractive stocks for covered writing are the 30 stocks making up the Dow Jones industrial average and the stocks in the S&P 500 Dividend Aristocrats index mentioned in Chapter 4.”
― Kevin Simpson, Walk Toward Wealth: The Two Investing Strategies Everyone Should Know

“The key principle: Don’t let fear of fluctuating stock prices drive you to withdraw your cash when stock prices plummet.”
― Kevin Simpson, Walk Toward Wealth: The Two Investing Strategies Everyone Should Know

“The old-time covered call writers pride themselves on how much premium they can generate. I see it differently. Whether I generated that result through dividends, covered call premiums, or market appreciation is much less important than how much money you started with and how much you have now — riskadjusted total return is all that matters.”
― Kevin Simpson, Walk Toward Wealth: The Two Investing Strategies Everyone Should Know