Subject: Re: Todays Barron's, Buffett moves on from buy and hol
If Warren were to pay attention and respond to press reports, he'd spend too much time managing them and not the business. The press are going to do what they're going to do. It's not Warren's job to do their job for them. Anyone foolish enough to copy moves made by another investor without doing their own due diligence deserves whatever happens. It's not Warren's fault. It's statistical noise. You can't control the press. If you try to coddle them, they'll just want more coddling. Tough love. No comment. Ever.