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When Anne Hathaway makes headlines, the stock for Warren Buffett’s Berkshire-Hathaway goes up. Think of Berkshire-Hathaway shares (BRK.A) as a really expensive version of the IMDb’s StarMeter (which actually is designed to go up and down as actors make the news)… My guess is that all those automated, robotic trading programming are picking up the same chatter on the internet about “Hathaway” as the IMDb’s StarMeter, and they’re applying it to the stock market.Dan Mirvish, who’s identified eight occasions going back to 2008 where positive Anne Hathaway news correlated with a Berkshire Hathaway bump. (via dbreunig)
(via dbreunig)
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