Comments

You have commented 339 times on Rantburg.

Your Name

Your e-mail (optional)

Website (optional)

	My Original Nic Pic-a-Nic Sorry. Comments have been closed on this article.
Foto

Submit your comments on this article

China-Japan-Koreas

Definitively On The Indicators & Warnings Checklist -Warren Buffett Dumps Billions in Taiwanese Stock as Fears of Chinese Invasion Mount

2023-04-16

[SlayNews] Renowned American investor Warren Buffett has just dumped billions of dollars worth of stock for a Taiwanese chipmaker as fears mount that Communist China is preparing to invade the island nation.

The move comes as experts are increasingly warning that a Chinese invasion of Taiwan is now imminent.

Buffett purchased a large stake in a Tawainese chipmaker.

However, he has just sold his stake, provoking speculation that the investment mogul knows an invasion is looming.

Buffett stated that a key reason for this swift turnaround was due to his concerns that China will invade the island nation.

But TSMC is building chip factories in America, specifically to protect the business should China invade. Is that not worthy of consideration?

Reuters reported this week:

Warren Buffett called geopolitical tensions “a consideration” in Berkshire Hathaway Inc’s (BRKa.N) decision to sell most of its stake in Taiwanese chipmaker TSMC (2330.TW) just a few months after buying it, Nikkei reported on Tuesday.

Berkshire had bought more than $4.1 billion of Taiwan Semiconductor Manufacturing Co’s shares between July and September 2022, but in February said it had sold 86% of its stake by year-end.

The size of the investment suggested that Buffett, rather than one of his Berkshire portfolio managers, had bought the shares for Berkshire, and the sale was unexpected given the billionaire’s preference to invest for the long-term.

In an interview with Nikkei, Buffett described TSMC as a well-managed company, but said Berkshire had better places to deploy capital.

Posted by:NoMoreBS

#3 $5 per share, for billions?
He did all right.

Posted by: Skidmark 2023-04-16 17:45

#2 Buffett knows Washington will do nothing. It's 'game over' for Taiwan.

Posted by: Besoeker 2023-04-16 02:34

#1 TSMC stock price on 31 July 2022 was about $90
TSMC stock price on 29 Jan 2023 was about $95

Al Gore's investment company also sold stock about the time Buffet did

Posted by: lord garth 2023-04-16 01:12

00:00