RE:RE:Big 6 Canadian Banks Bought 13 million shares in JulySo the big question is are these bought shares actual long term investments or are they short term shares?
i think they are short term as the banks will try to have enough shares to sway the NO vote because Warren buffet wants to use Home Cap as a back door to create something big in financial market in Canada so Big Banks are worried they will loose market share for various products.
To make money you have to spend money and sometimes you have to loose money to make alot of money. Business 101 in my opinion.