Subject: Re: Bank of America sales
“ Buffett’s selling every day with a $44 starting price was arguably CAUSAL in the decline.“ Good morning, several of us have had this debate for over 20 years. If we are going to blame Buffett for the sell off in bac, couldn’t we argue that the stock was overvalued due to Buffett’s support? Obviously many investors follow Buffett into his buys and many follow him out, when he sells. He can’t buy and hold every long, forever.