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Warren knows that his statements are enough to move markets, so even if he wanted to say something, I think he'd be cautious of how it was said. There's somethi
by jbob2000 7y ago
Warren knows that his statements are enough to move markets, so even if he wanted to say something, I think he'd be cautious of how it was said. There's something called the "Warren Buffet" effect where, when he announces a new purchase or trade, much of the market follows him and proves him right.
He invests in candy? Everyone invests in candy! Oh look, candy stocks went up, it must be a good investment!