Sharing investment ideas in public can have many benefits but there are also psychological risks that must be carefully considered.
Do you think Buffett falls into this as well? Specifically thinking KO, BAC, and Apple. He was/is fairly vocal about these companies. He, too, I think may get stuck in a position that he was public about.
Years ago on the Fools board several posters shared their brk option trades when the options were even less liquid than they are now. I often wondered if they were market makers in the options taking advantage of the large spreads? Hopefully that wasn’t the case but sharing those trades in public was foolish.
Good thoughts here. Mental note taken. Thank you!
When I look at the overall trajectory of revenues, profitability, cash flow, and shares outstanding, it’s hard to see the mistakes. I’m thinking PCC and KHC, seems like they were ‘mistakes’ and are like rounding errors at this point, I can’t tell if those mistakes damaged anything.
So many good nuggets in here. Investors, myself included, may invest in a company based on certain factors and then when those change you can talk yourself into it, public or not. How many people are invested in Berkshire solely because Buffett is there. They write off his mistakes, because he is there. WHEN the next CEO makes a large mistake, do those same ppl give the CEO a pass or not.