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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.A,  JNJ,  WFC,  WMT, 

Keywords: markets,  breaking news: investing,  breaking news: business,  warren buffett,  berkshire hathaway inc,  walmart inc,  wells fargo & co,  wall street,  investment strategy,  business news,  stock markets,  johnson & johnson,  breaking 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


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