HomeAbout

TL;DR CNBC


IRS data reportedly shows Buffett traded Berkshire stocks in personal account, according to ProPublica - TL;DR CNBC

IRS data reportedly shows Buffett traded Berkshire stocks in personal account, according to ProPublica

Publishing timestamp: 2023-11-09 10:45:37


Summary

The article reports that Warren Buffett allegedly traded stocks in his personal account that his company, Berkshire Hathaway, was buying and selling. This practice was previously deemed a conflict of interest by Buffett himself. The article also mentions that Berkshire Hathaway recently reported a 40% jump in third-quarter operating earnings and has amassed a record cash pile of $157 billion.


Sentiment: NEUTRAL

Tickers: BRK.AJNJWFCWMT

Keywords: marketsbreaking news: investingbreaking news: businesswarren buffettberkshire hathaway incwalmart incwells fargo & cowall streetinvestment strategybusiness newsstock marketsjohnson & johnsonbreaking news: markets

Source: https://www.cnbc.com/2023/11/09/irs-data-reportedly-shows-buffett-traded-berkshire-stocks-in-personal-account-according-to-propublica.html


Developed by Leo Phan