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+---- Thread: Warren buys 5.7% of IBM (/showthread.php?tid=9873)
Warren buys 5.7% of IBM - Vanraw - 11-14-2011
Was watching this on CNBC this morning. $10.7 Billion. The interesting thing is IBM was not told, and did not know. He said they started buying in spring and that "it takes along time to buy that much stock.... Asked what his average price was he said $170 a share. It hit $190 today.
Its interesting to watch Warren. First he is Pro American business all the way. He sees these down swings as buying opportunities, and he acts on them. He has been adding to Wells Fargo ownership as well.
Re: Warren buys 5.7% of IBM - Grieve - 11-14-2011
Helps explain why IBM is up so much this year. Hope he's right about technology companies in general!