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Charlie Munger says there isn't the slightest chance Buffett traded own account to enrich himself - TL;DR CNBC

Charlie Munger says there isn't the slightest chance Buffett traded own account to enrich himself

Publishing timestamp: 2023-11-16 09:26:55


Summary

Berkshire Hathaway Vice Chairman Charlie Munger denies allegations that Warren Buffett traded stocks in his personal account before the conglomerate made moves in the same securities. Munger argues that Buffett's charitable giving and the majority of his wealth being tied up in Berkshire stock make it unlikely that he would engage in such behavior. The allegations were made in a ProPublica report citing leaked IRS data, but CNBC has not independently confirmed the timing of these trades.


Sentiment: NEUTRAL

Tickers: BRK.A

Keywords: charlie mungerinvestment strategyberkshire hathaway incbreaking news: investingmarketsbreaking news: marketsbusiness newswarren buffett

Source: https://www.cnbc.com/2023/11/16/charlie-munger-says-there-isnt-the-slightest-chance-buffett-traded-own-account-to-enrich-himself.html


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