Berkshire Bought More Than $51 Billion of Stocks During Q1′s Market Rout

Tiger Newspress2022-04-30

Berkshire bought more than $51 billion worth of stocks during the first quarter’s market turmoil, including sizable investments in Chevron, HP and Occidental. The buying at the start of the year marked a sharp reversal from 2021 that saw $7.4 billion of net sales in stocks.

The S&P 500 suffered a 5% sell-off in the first quarter, posting its worst quarter since the start of the pandemic. The rout continued in April with the equity benchmark down another 8.8% amid fears of surging inflation and rising rates.

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Comments

  • BlueDaisy
    2022-05-01
    BlueDaisy
    Prices become attractive again, time to buy! 
  • Nebhol
    2022-05-01
    Nebhol
    What did they buy? 
  • Seah CL
    2022-05-01
    Seah CL
    K
  • hiryan
    2022-05-01
    hiryan
    Live forever
  • StingWolf
    2022-05-01
    StingWolf
    Wow. 
  • 股惑仔79
    2022-05-01
    股惑仔79
    [What] 
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