You see that is the issue many use that as a phrase to use for flipping by what warren buffet said but put it in the wrong context . Please take time and watch you tube videos of the basics of growing your wealth and portfolio management. He says that to be able to successfully provide with any long term growth in your Portfolio and see biggest returns . By only one and one way that is to choose a stock and position yourself for better or for worse and if your more conservative and need funds it’s always fine to take profits . He never mentioned anything about flipping or buying stocks and selling a day or a week later . Please don’t use his brilliance and try to mix his words . Please watch his strategy that has made him wealthy . He will explain in detail what his investing strategy was and still is . And listen
Better yet go to any financial firm and speak with any advisors about the validity to the statement of the flipping strategy and I can guarantee that you will not hear anyone of them agree or find any substantial strategy in it
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