Subject: Re: Todays Barron's, Buffett moves on from buy and hol
Hi, thanks for your reply. Holding period is relevant because if their average hold is five years, the Buffett bounce isn't that big of an edge. However, if they are generating many short term trades , the Buffett bounce might add 2 percent or so depending on how much misinformation is being reported, due to the lack of transparency. Btw, I don't drink 😇, but I love, your story. The audacity that anyone would question Buffetts thinking is, blasphemy,in Brkville, trust me , I know. However, I got my 50 for 1 split, I got my buybacks, and who knows, perhaps this year someone will ask Buffett what I consider to be a very material question. Take care partner.