How Come Buffett Effect Is Not Profitable For Buffett

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He buys $100 million worth of X stock. People follow and buy $100 million worth of the same X stock, stock is now wanted and goes up in price, Buffett sells his shares and profits.

Why is this not happening?

In: Economics

5 Answers

Anonymous 0 Comments

If you knew he would sell and ultimately devalue the stock you just bought at a higher price would you follow him?

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