Recent Buffett Purchases Buffett revealed at Berkshire’s annual April shareholder meeting that the conglomerate owns a 9.5% stake of Activision Blizzard ( (ATVI ទទួលបានរបាយការណ៍ Activision Blizzard, Inc ) from its initial stake of 2%, the gaming company, that is set to be acquired by Microsoft ( (MSFT ទទួលបានរបាយការណ៍សាជីវកម្ម Microsoft ).
“If the deal goes through, we make some money,” he said at the company’s annual shareholder meeting.
He said the acquisition of more shares was his decision.
In April, the majority of Activision Blizzard shareholders voted in favor for the $69 billion all cash deal announced in January. This merger would be the largest one in the tech sector, giving Microsoft an upper hand since it would own Activision’s video games such as Candy Crush, Call of Duty and World of Warcraft.
The deal has been anticipated to close during the summer as it faces further scrutint from government entities, such as the U.S. Federal Trade Commission.
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Buffett Net Worth Rises While other investors have seen a large percentage of their fortunes dissipate in the recent market selloff, Buffett has risen to the top.
Buffet is one of two people in the top ten richest people globally whose net worth increased since January, according to the សន្ទស្សន៍មហាសេដ្ឋីរបស់ Bloomberg .
The Oracle of Omaha is ranked number five on the index, which is a daily ranking of the world’s richest people. His total net worth is $112 billion and he has gained $3.38 billion year-to-date through the end of trading on May 15.
The Bloomberg list includes only one other billionaire in the top 10 – Gautam Adani, an Indian infrastructure magnate that owns real estate, commodities and power generation and transmission, whose total net worth is $99.5 billion and his year-to-date performance is a profit of $22.9 billion through May 15.
Only 24 billionaires saw their net worth rise year-to-date through the end of trading on May 12 out of the top 100 richest people.
Buffett’s Investing Style Remains The Same While his attackers focus on companies Buffett should have invested in earlier such as Apple due to his aversion of owning tech stocks and his blunders with airline stocks, Buffett has stuck to his investing strategy of purchasing quality companies, Johnson told TheStreet previously.
“So many of their businesses are these stable, unsexy companies that constantly produce cashflows and aren’t valued at above market multiples,” he said. “Too often people want to try to change their investing style to suit the market. Buffett is true north. He does not do that.”
The conglomerate owns a myriad of other companies from smaller stakes to outright holdings ranging from insurance, railroads, utilities to tech companies and its infamous holdings such as Coca-Cola ( (KO ទទួលបានរបាយការណ៍របស់ក្រុមហ៊ុនកូកា-កូឡា ), Kraft Heinz ( (គ។ ក Get Kraft Heinz Company Report ) and See’s Candies.
Buffett focused on ownership of retail banks, keeping his stakes of Bank of America ( (BAC ទទួលបានរបាយការណ៍របស់ Bank of America Corp ), his second largest position after Apple ( (Apple បាន ទទួលបានរបាយការណ៍ Apple Inc ) and U.S.Bancorp ( (យូអេសប៊ី Get U.S. Bancorp Report ). He sold shares of Wells Fargo ( (ទៅ WFC ទទួលបានរបាយការណ៍របស់ក្រុមហ៊ុន Wells Fargo ), JPMorgan Chase ( (JPM ទទួលបានរបាយការណ៍ JPMorgan Chase & Co ) and Goldman Sachs ( (GS ទទួលបានរបាយការណ៍ Goldman Sachs Group, Inc ) during the past two years.