Ballinvarosig Investors Posted May 15, 2012 Share Posted May 15, 2012 First he he buys IBM, now GM - I am shocked at this move! http://www.bloomberg.com/news/2012-05-15/berkshire-discloses-stake-in-gm-as-buffett-bets-on-stocks.html Berkshire Hathaway Inc. (BRK/A) disclosed stakes in General Motors Co. (GM) and Viacom Inc. as deputies Todd Combs and Ted Weschler, both former hedge-fund managers, built their portfolios under Chairman Warren Buffett. Buffett’s firm had 10 million shares of the automaker on March 31, the Omaha, Nebraska-based company said today in a filing disclosing U.S. stockholdings at the end of the first quarter. The stake in New York-based Viacom was about 1.59 million shares. The filing excludes some confidential data. Link to comment Share on other sites More sharing options...
dcollon Posted May 15, 2012 Share Posted May 15, 2012 I doubt it's Mr. Buffett based on the size, but who knows. Link to comment Share on other sites More sharing options...
hyten1 Posted May 15, 2012 Share Posted May 15, 2012 wow, i can't believe, the first time a position that i own, was speculated to be bought by WEB :) but i do remember WEB talk about GM in one of the interviews long time ago, say how moat can disappear and he use GM as an example Link to comment Share on other sites More sharing options...
BargainValueHunter Posted May 15, 2012 Share Posted May 15, 2012 Next up...an airline and a shoe manufacturer!! Link to comment Share on other sites More sharing options...
hyten1 Posted May 15, 2012 Share Posted May 15, 2012 bvh, i don't think car manufacture are quite the same as airline and shoe manufacturer hy Link to comment Share on other sites More sharing options...
BargainValueHunter Posted May 16, 2012 Share Posted May 16, 2012 bvh, i don't think car manufacture are quite the same as airline and shoe manufacturer hy 'Twas a joke. Link to comment Share on other sites More sharing options...
hyten1 Posted May 16, 2012 Share Posted May 16, 2012 bvh i hear ya :) Link to comment Share on other sites More sharing options...
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