No. of Recommendations: 7
"You don't think it's material that the financial press is consistently misreporting that brk trades are Buffetts , when they aren't?"
It is the financial press misreporting the BRK trades, not Buffett. Why is he responsible for what the financial press says?
Buffett can't live his life going around trying to correct misreportings all of the time. If he did, he would literally not have any time to do anything else in his life.
Besides, because of stock liquidity issues, Buffett has always wanted secrecy in his trading.
"When it's disclosed that Buffett bought a stock, does it tend to trade up 2-4 percent? When it's disclosed that Buffett sold a stock, does it tend to trade down 2/4 percent? Do t and t have an , edge, if their buys are goosed 2-4 percent, because the financial press reports the buys, as Buffett buys??"
I think it would become quickly apparent to Buffett if T & T were trading on Buffett's reputation to goose their returns. I sincerely doubt he would find that acceptable and would quickly put a stop to it if he found it happening.
