13-F Statement reveal that BRK.B has around $9B in an undisclosed investment (filed secretly to SEC) that it is slowly building positions over.
$9B, and it’s still not done???
That means the company has to be at least $180B in size, otherwise SECs 5% ownership rule would kick in(although it could receive special exemption).
Since BRK.B is not done yet, we can assume it’s a very big fish with a very large float, otherwise that stock could likely go vertical due to lack of supply of shares.
There are not many companies that fit this bill, which company could it be?
Some people are thinking it’s TSLA but I am kind of doubtful. In the same time, there's cause for suspicion, as huge TSLA shares have been out of trading action and Buffet himself shot the possibility of investing in TSLA in an Yahoo Finance interview(which gives more flame to the fire, since Buffet has a history of being tight lipped and saying the opposite of what he actually does).
Last time BRK.B made a purchase in Philips 66 using the same disclosure facility.
Or are we just overthinking and BRK.B made purchases in various separate companies?
Submitted November 23, 2020 at 06:18AM by potatoandbiscuit https://ift.tt/2KzCZF9
