What’s going on? Berkshire Hathaway (Warren Buffett’s investment firm) was revealed to have sold off some of its Apple stock and quietly bought into three other companies. What does that mean? Berkshire Hathaway was selling off some of its stake in Apple, holding on to “just” $120b worth; it also recently sold stakes in JPMorgan…
Tag: Warren Buffett
Ep 75: Desperate Measures
What’s Going On Here? Oil firm Saudi Aramco came up short of the $2 trillion valuation it was aiming for in its forthcoming IPO, but it can still walk tall: the $1.7 trillion it now wants will still make it the world’s biggest public company. What Does This Mean? Aramco, which extracts and refines Saudi Arabia’s…
with HT 