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It sound as a good news for everybody. Buffett is know for not putting too much pressure on his investments giving them the time to grow and be profitable. It
by siscia 10y ago
It sound as a good news for everybody.
Buffett is know for not putting too much pressure on his investments giving them the time to grow and be profitable.
It is a strategy that worked pretty well, however a technology company is a different beast from the other companies in the Hathaway portfolio (winner takes it all/most), said so Yahoo can still an important player with the right management.
- ghshephard 10y agoMore detail here: http://www.bloomberg.com/news/articles/2016-05-13/buffett-backs-group-bidding-for-yahoo-assets-reuters-reports http://www.bloomberg.com/news/articles/2016-05-13/buffett-ba... Buffet isn't bidding for the group, it wouldn't be part of the Hathaway portfolio. He's just providing the financial backing for Dan Gilbert.