Re:SoftBank unmasked as ‘Nasdaq whale’ that stoked tech rally
by ramzyo on Friday September 04, 2020 @03:15PM
(#24378000)
Genuinely curious, has Buffett said this before in an interview somewhere or have you asked him personally? OP wrote “seems to,” but your response suggests more confidence.
Re:SoftBank unmasked as ‘Nasdaq whale’ that stoked tech rally
by valuearb on Friday September 04, 2020 @03:34PM
(#24378177)
He has been quoted numerous times about avoiding having people front-run him over the last 50+ years. He negotiated special disclosure rules with the SEC at one point to avoid disclosing new positions quickly, IIRC.
Re:SoftBank unmasked as ‘Nasdaq whale’ that stoked tech rally
by Red_Leaves_Flyy on Friday September 04, 2020 @05:30PM
(#24379072)
Would love a source on buffets disclosure rules.
Re:SoftBank unmasked as ‘Nasdaq whale’ that stoked tech rally
by easton on Friday September 04, 2020 @08:44PM
(#24380439)
Best I could find, although behind the WSJ paywall: https://www.wsj.com/articles/SB10001424052970204319004577084....
(Archive link: https://archive.is/fKzDr)
Re:SoftBank unmasked as ‘Nasdaq whale’ that stoked tech rally
by lilott8 on Friday September 04, 2020 @10:18PM
(#24380886)
There aren't any formal rules that he lives and dies by, but read "Buffett: The Making of an American Capitalist" by Lowenstein. Buffett -- or at least Lowenstein captures -- expresses concern for people buying before he does.
No, no, no he doesn't. He has to be subtle so people don't realize what he's doing and pile in ahead of him and drive up the price before he has a chance to build up a position. It has nothing to do with "caring" about how he makes his money.