Worried About Inflation? Here's What Warren Buffett Says Berkshire Hathaway Is Doing

Motley Fool2022-05-01

Inflation is on the minds of investors, policymakers, and everyday Americans. We can feel it at the pump, at the grocery store, the post office, and even the barbershop. Since inflation is higher than...

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Comments

  • JasmineT
    2022-05-02
    JasmineT
    Pls like
  • MIe
    2022-05-02
    MIe
    Blizzard upside before acquisition. 
  • carrots
    2022-05-01
    carrots
    Good
  • Samuel.L
    2022-05-01
    Samuel.L
    Okok
  • DarkFate
    2022-05-01
    DarkFate
    Like 
  • robot1234
    2022-05-01
    robot1234
    Buffett surprised investors when he disclosed a roughly 9.5% stake in Activision Blizzard. The stake is worth about $6.2 billion as of Friday's close. Buffett owned about $1 billion of Activision before Microsoft announced it would acquire it for $95 a share. Buffett then increased Berkshire's position as a classic arbitrage opportunity under the assumption that Microsoft is a reliable buyer and would come through on the deal. That arbitrage opportunity is sizable, considering Activision Blizzard's stock is currently $75.60 per share.
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