Re: Buffett Interview
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On how much money he spent buying stocks yesterday:
A little over $200m. About four different companies.
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I found this odd. I didn't think he was an active trader and instead put substantial amounts of money into just a few projects.
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It's impossible to buy a billion dollars of any stock in a day without affecting price. His portfolio is so large it probably takes months for him to build a position. Occasionally he's given opportunities to buy a large block from a big shareholder, but otherwise he's probably stuck just going bit by bit in the market.
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