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<p>[QUOTE="medoraman, post: 1252821, member: 26302"]So, why do people follow Mr. Buffet? Was he handed down from heaven as a holy stock picker? No? Maybe he is a smart man who has navigated and made good profits for over 50 years in all market conditions. He has no control of what investors does with knowledge of his moves. Why is he to blame in any way?</p><p><br /></p><p>It is the media and other investors that make it a big deal of what Berkshire does, not Berkshire. Trying to ssay they are profiting off of the people who follow them is downright silly. Did Berkshire ASK anyone to try to horn in on their trade? </p><p><br /></p><p>I bought BAC early this week, I posted about it here. Am I profiting on the backs of Berkshire? Why doesn't the market listen to Chris the Financial Prophet? Its because I have not run a financial business so successfully for over 50 years.</p><p><br /></p><p>Sorry, but Warren Buffet should be abotu the last man in the US accused of market manipulation. He invests at fair terms for long term. He never day trades or do all of the other shady stuff Wall Street does every single day.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1252821, member: 26302"]So, why do people follow Mr. Buffet? Was he handed down from heaven as a holy stock picker? No? Maybe he is a smart man who has navigated and made good profits for over 50 years in all market conditions. He has no control of what investors does with knowledge of his moves. Why is he to blame in any way? It is the media and other investors that make it a big deal of what Berkshire does, not Berkshire. Trying to ssay they are profiting off of the people who follow them is downright silly. Did Berkshire ASK anyone to try to horn in on their trade? I bought BAC early this week, I posted about it here. Am I profiting on the backs of Berkshire? Why doesn't the market listen to Chris the Financial Prophet? Its because I have not run a financial business so successfully for over 50 years. Sorry, but Warren Buffet should be abotu the last man in the US accused of market manipulation. He invests at fair terms for long term. He never day trades or do all of the other shady stuff Wall Street does every single day. Chris[/QUOTE]
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