Warren Buffett tripled investment in Apple

Gotcha said:
From my understanding, at least in the later years, he also has very much control in running the companies, so he isn't exactly just a stock picker. From the articles I read, many of the companies that he buys he amalgamates, trims staff, etc, and this is part of the reason why whatever he touches seems to turn to gold. In fact, I remember even quotes going around that you don't want him buying the company that you work for because it will mean trouble ahead for the employees. Shareholders might love him, but no so much the workers.
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If you remember such stuff you must be 70 plus, you are talking about Dexter Mill that was in the seventies....
 
Tim Smith said:
Highly unlikely, and anyone who claims to would have a job of providing hard proof.

As I said, people like Buffet will go to great lengths to hide in the noise. And that's before you consider they will no doubt also be making use of off-market venues and off-book trades too.

Hell, some days or weeks they might not even trade at all, just to make it even harder to spot any patterns.

As you said, its "noise". How are you going to differentiate between "a Buffet", brokers doing bulk trades and re-balances, people doing hedges etc. etc. etc.

That's the beauty of spreading your order over 3 months .. nobody knows until its too late !

The whales know what they are doing. Don't underestimate the intelligence of your opposition.
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I was just speculating. Expert day traders said they could extract trading signals out of the stock prices easily and consistently. If so, sure they can detect the Buffett buy?
 
felixbocharov said:
He proved to be a genius for 40+ years.
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Nope, he was at the right time, at the right place, during 4 decades of bull market. He was lucky in 2000 because old guy didn't like tech at this time (now old guy likes Apple). And politicians and friends saved his ass in 2008, if not he would be out a long time ago.
Soros IS a genius, and he doesn't buy AAPL NOW. Of course not.

CM
 
+25% in 2 months, no euphoria :) .
Smells like a double top, looks like a double top...
Warren, buy more AAPL please !

CM

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ironchef said:
Expert day traders said they could extract trading signals out of the stock prices easily and consistently.
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So-called "expert" day traders claim a lot of things, most of it is utter bull.

On the Internet, nobody knows you're a dog. :cool:
 
Gotcha said:
From my understanding, at least in the later years, he also has very much control in running the companies, so he isn't exactly just a stock picker. From the articles I read, many of the companies that he buys he amalgamates, trims staff, etc, and this is part of the reason why whatever he touches seems to turn to gold. In fact, I remember even quotes going around that you don't want him buying the company that you work for because it will mean trouble ahead for the employees. Shareholders might love him, but no so much the workers.
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I've heard the exact opposite. You want him to buy your company. Because he takes away all the noise you have to deal with. He lets the management team do what's right for the long term rather than worry what to do to show growth and profitability for the next quarter. He doesn't get involved in managing the company except to say where the excess cashflow goes.
 
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Chris Mac said:
Nope, he was at the right time, at the right place, during 4 decades of bull market. He was lucky in 2000 because old guy didn't like tech at this time (now old guy likes Apple). And politicians and friends saved his ass in 2008, if not he would be out a long time ago.
Soros IS a genius, and he doesn't buy AAPL NOW. Of course not.

CM
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That's just nonsense, you can be lucky for one day, maybe for one week tops.
 
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