4 ms·
Berkshire bought about $1B worth of Activision shares before Microsoft deal
- ilrwbwrkhv 5y agois this an instance of insider trading? how else do they pick these stocks up otherwise?
- m348e912 5y agoPotentially, but what do you think are the chances the SEC will come knocking on Birkshire's door? Rules for thee not for me apply here.
- tanseydavid 5y agoI would wager that the chances are not quite zero, but infinitesimally close.
- s1artibartfast 5y agoIt was already on a 25% discount because of the sexual harassment turmoil. A good value play without the acquisition. Berkshire thought so, and so did Microsoft later.