menu

Warren Buffet Buys 5% of IBM [Headlines]

Luxury

The billionaire investor has broken his standstill on investments in technology by pouring $12 billion into the 100 year old firm.

by Liz Walsh
  • 15 november 2011

Warren Buffet’s investment firm, Berkshire Hathway, has been buying shares in IBM since March, and now owns 64 million shares, equivalent to 5.4% of the company’s stock. Securities regulators allowed Buffet to keep the purchases confidential until recently. In the past six months, IBM’s stock has risen 10%. The Guardian.

Luxury
  • | {{post.date_formated_today}}
{{post.author_display_name}}
  • {{post.date_formated}}
{{post.author_display_name}}
  • {{post.date_formated}}
Read More Read More Read More Read More
PSFK Writer {{post.author_display_name}}
  • {{post.date_formated}}
No search results found.