When Warren Buffett is selling, you’d better not be buying. Or at least, that’s how a lot of people think. Buffett is well known for having one of the best long-term investing track records in history. Other investors have achieved higher CAGR returns, but few have managed to keep up the high returns for a full six decades, like Buffett has. For this reason, many people think that simply buying what Buffett is buying and selling what Buffett is selling is a good investment strategy. To put it bluntly, it’s not–and Buffett himself will tell you that.

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