Warren Buffett: “Owning IBM shares could prove a mistake”

Berkshire, which held an 8.59 percent stake in IBM as of Dec. 31, 2015, said in an annual shareholder letter on Saturday that it planned to keep that stake despite a $2.6-billion paper loss at the end of last year.

Buffett told the cable television network he did not think he was wrong for owning IBM shares so far, but said it “could be” a mistake.

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Author: Gregg Eldred

This is a weblog with some basis in IBM/Lotus Notes & Domino software, when I feel like it or think of something that might be interesting. Other than that, we'll see where this goes. The views expressed in this blog are mine alone, and do not reflect the views of NextStep Technologies, LLC. If you think otherwise, you are mistaken. © 2003-2020 NextStep Technologies, LLC. All rights reserved. The rights to all logos, images, etc., are owned by their respective owners.

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