big investors don't wait? You keep getting funnier. So what made Berkshire "wait" so long to invest in Apple since they don't "wait" as you claim? Why didn't they invest last year, or the year before? or before that?But they didn't. They already purchased the stock. Big investors, don't "wait", because the price could have also increased in a month and it could have cost more. And if they have confidence in apple and believe there is room for growth, they will make their money back and then some.
BTW, if you do the math, based on a market cap of 347B, the money they lost(100M) amounts to .02%. Mere peanuts for a concern that size.
You're going to find a new definition of what "wait" means now right?
Big investors ALWAYS wait until they deem a stock the best value and the lowest they will be able to obtain it before it starts increasing. Unfortunately $109 was not the best value. $90 was.