(The author is a Reuters Breakingviews columnist. The opinions
expressed are his own.)
By Jeffrey Goldfarb
NEW YORK, June 7 (Reuters Breakingviews) - The Nebraskan
billionaire has come to embody the idea of buying and holding
for the long-term. It’s true where Berkshire Hathaway
acquisitions like See’s Candies are concerned. When it comes to
sizeable equity stakes such as TSMC, however, he can be as
fickle as anyone else.
Full view will be published shortly.
Follow @jgfarb on Twitter
CONTEXT NEWS
Berkshire Hathaway sold its remaining stake in contract
chipmaker Taiwan Semiconductor Manufacturing, the investment
conglomerate disclosed in a regulatory filing on May 15.
Warren Buffett, Berkshire’s chairman and CEO, said that
geopolitical tensions contributed to the decision to sell most
of the $4.1 billion TSMC stake just a few months after buying
it, the Nikkei reported on April 11. China identifies Taiwan as
its territory, a claim the democratically governed island
rejects.
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Graphic: Buffett's movable feast https://tmsnrt.rs/3oQp2Hn
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(Editing by John Foley and Sharon Lam)
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