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Author Topic: Warren Buffett buys IBM stake with $10.7bn investment  (Read 3588 times)

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Mulreay

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Warren Buffett buys IBM stake with $10.7bn investment
« on: November 14, 2011, 02:51:28 PM »
Warren Buffett - one of the world's most closely watched investors - has disclosed building a 5.4% stake in IBM.

Mr Buffett's Berkshire Hathaway fund started buying shares in the firm in March, eventually spending around $10.7bn (£6.7bn).

The billionaire had steered away from technology firms in the past.

Full story: http://www.bbc.co.uk/news/technology-15728306
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soybean



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Re: Warren Buffett buys IBM stake with $10.7bn investment
« Reply #1 on: November 15, 2011, 08:35:15 AM »
Quote from: Mulreay on November 14, 2011, 02:51:28 PM
The billionaire had steered away from technology firms in the past.
Yes, this is an interesting shift in investment portfolio. 
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patio

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Re: Warren Buffett buys IBM stake with $10.7bn investment
« Reply #2 on: November 15, 2011, 08:38:10 AM »
Berkshire Hathaway has out-performed most portfolio managed stock holdings in the last 25 years by a wide margin...
I'd follow his lead.

Course Vegas is just so much more fun.... 8)
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