3 ms·

Of the 15 largest stock investments, IBM is the only one that has lost value (page 15). Simultaneously, it looks like the largest cost based investment (next to

Of the 15 largest stock investments, IBM is the only one that has lost value (page 15). Simultaneously, it looks like the largest cost based investment (next to BAC, which is unlisted in the table). Yet, he does not seem to address that position in any of his writing. I wonder what he thinks of the company.

crimsonalucard 12y ago
He thinks it's good. http://www.gurufocus.com/StockBuy.php?GuruName=Warren+Buffett http://www.gurufocus.com/StockBuy.php?GuruName=Warren+Buffet... You can see he's added more to his position as of Dec 31st. the big IBM drop happened in October.
pg314 12y ago
On page 7 in the 2011 annual report, Buffett wrote that, as a long-term shareholder, he wished for the IBM stock to languish throughout the following 5 years. The reason was that IBM was planning large share repurchases, and the lower the stock price the higher the percentage of shares retired, and the larger Berkshire's stake would be in the long run.