Warren Buffet Finally Reveals The ‘Secret’ Company He Invested R124 Billion In

The legions of investors that follow Warren Buffet's every move on the stock market have finally found out which company he invested $6.7 Billion in late last year. After keeping the investment under wraps, Berkshire Hathaway finally disclosed a major stake in the insurance company Chubb , to the tune of 26 million shares, during Wednesday's Sec urities and Exchange Commission filing of the company’s first-quarter investments.

Berkshire also sold 80 million shares of printer company HP in the fourth quarter of 2023, reducing its holdings by 78%. Tens of thousands of Berkshire Hathaway shareholders and Warren Buffett fans flocked to Nebraska recently to see the 'Oracle of Omaha' speak in person, and perhaps pick up on some of his planned investments. This meeting was also the first time Buffett appeared without his longtime business partner and friend Charlie Munger, who died in November.

Source: News Formal (newsformal.com)

Chubb Investment Money SEC Stock Market Stock Price Warren Buffett

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