5 ms·
Genuinely curious, has Buffett said this before in an interview somewhere or have you asked him personally? OP wrote “seems to,” but your response suggests more
by ramzyo 6y ago
Genuinely curious, has Buffett said this before in an interview somewhere or have you asked him personally? OP wrote “seems to,” but your response suggests more confidence.
- valuearb 6y agoHe has been quoted numerous times about avoiding having people front-run him over the last 50+ years. He negotiated special disclosure rules with the SEC at one point to avoid disclosing new positions quickly, IIRC.
- Red_Leaves_Flyy 6y agoWould love a source on buffets disclosure rules.
- easton 6y agoBest I could find, although behind the WSJ paywall: https://www.wsj.com/articles/SB10001424052970204319004577084723328963742 https://www.wsj.com/articles/SB10001424052970204319004577084.... (Archive link: https://archive.is/fKzDr https://archive.is/fKzDr)
- lilott8 6y agoThere aren't any formal rules that he lives and dies by, but read "Buffett: The Making of an American Capitalist" by Lowenstein. Buffett -- or at least Lowenstein captures -- expresses concern for people buying before he does.