Warren Buffet buys a stake in ULTA and we were there with him

I had a trade for ULTA generated on 2024-04-04. As I previously mused in an article here: https://dba-trading.com/anatomy-of-a-trade/, I am able to detect when the smart money is moving in and it is advantageous to make the same trade. This can deliver outsized benefits. Now I don't know when Mr Buffet made his trades (it has been disclosed as being sometime in the 2nd quarter), but I will maintain that my trade may have been very well triggered by his trading. How would you like to know when the captain of the ship turns that rudder? Now we are currently in a draw down on this trade, but I expect it to change. You can see the trade here: https://dba-trading.com/ulta-backtest-report/ and here: https://dba-trading.com/trades-signaled-on-2024-04-04/. See the news here: https://www.morningstar.com/news/marketwatch/20240814905/why-warren-buffetts-berkshire-likely-saw-shine-in-ultas-beaten-down-stock.

Kind regards,

-- The Management