SoftBank, Naspers, Buffett's Berkshire Sell Chinese Tech Stocks
Berkshire has sold about $600 million of BYD stock, SoftBank is slashing its Alibaba stake by nearly 40%, and Naspers is paring its Tencent position.
Source: businessinsider.com
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Berkshire has sold about $600 million of BYD stock, SoftBank is slashing its Alibaba stake by nearly 40%, and Naspers is paring its Tencent position.
Buffett's company has trimmed its stake in the automaker by 8% since mid-July, making a roughly 35-fold return on its money.
Investment guru follows strategy which focuses on long-term intrinsic value
Investment guru follows strategy which focuses on long-term intrinsic value
Investment guru follows strategy which focuses on long-term intrinsic value