Here's What the Smart Money Is Doing Right Now
Last week, Warren Buffett was in the news (again) after revealing that Berkshire Hathaway had more than doubled its stake in Apple Inc.
That’s undoubtedly a smart move, but the Oracle of Omaha’s got something even smarter to show us right now.
Here’s the thing, though: Warren Buffett’s achievements as an investor are incredible, but he and I differ on how we view and use technical analysis. I’m a huge proponent of it because I love working data, but also because technical analysis has revealed trade after profitable trade for me.
Buffett? Not so much. Although there’s a lot value investors can learn from technical analysis, and you can bet he has technicians working for him, the man is the consummate value investor.
But I’m sure we’d both agree that this is a “do-nothing” market we’ve been trapped in over the past few weeks. And, what’s more, we agree on the right move to make.
Tags: trading strategies
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