A loss for Buffett is a free tip to me - Occidental
Free tip from Buffett - Occidental
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A loss is realized when the position is closed. This also applies to profits.
When Buffett or Berkshire buys, a good margin of safety has been applied. This article is a good tip that says that this company is undervalued (based on Buffet’s previous calculations). However, it is necessary for us to do our due diligence to qualify the business. If we lack the circle of competence, we do not need to follow through with this.
A loss for Buffett is a free tip to me.
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