Post #9912 by Mark19 on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)

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I'll attest to that. Thought I was being smart when I bought into TLT and UTWY around the .5% announcement, even before. They promptly dropped 4 to 5% in price.

They were already discounting the IR drop.

I never would have thought that, but it makes perfect sense. Award 1 point for Efficient Market Theory.
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