Why Trying to Copy Warren Buffett’s Latest Moves May Not Be a Great Strategy for Investors
When Warren Buffett’s company, Berkshire Hathaway (BRK.A 1.98%) (BRK.B 1.86%), reports its latest 13F filings, which show which stocks the company owns, some investors are often quick to buy the same stocks the billionaire’s company did, hoping that it’ll lead to a great return. After all, if the billionaire investor is bullish on a stock, why not jump on the bandwagon?
While there’s no shortage of investors who are eager and willing to copy Buffett’s stock moves, you might be disappointed if you do so. Here are three reasons why you don’t want to copy Buffett.
1. Buffett’s strategy may not align with yours
Buffett is a billionaire who isn’t going to have the same needs as you are when it comes to…