Warren Buffett's bet, shrouded in mystery, has captivated Berkshire Hathaway investors since first appearing in disclosures late last year.
Berkshire Hathaway, led by legendary investor Warren Buffett , has been making a confidential wager on the financial industry since the third quarter of last year.
In a time when Buffett has been a net seller of stocks and lamented a dearth of opportunities capable of "truly moving the needle at Berkshire," he has apparently found something he likes — and in the financial realm no less.The identity of the stock — or stocks — that Berkshire has been snapping up could be revealed Saturday at the company's annual shareholdertreatment on the investment for a third quarter in a row, the stake will be disclosed in filings later this month.
While investment disclosures give no clue as to what the stock could be, Stone, Kass and other Buffett watchers believe it is a multi-billion-dollar wager on a financial name. Investors have been speculating for months about what the stock could be. Finance covers all manner of companies, from retail lenders to Wall Street brokers, payments companies and various sectors of insurance.
Citigroup Inc Bank Of America Corp Goldman Sachs Group Inc US Bancorp PNC Financial Services Group Inc Truist Financial Corp Blackrock Inc JPMORGAN DRN Morgan Stanley Charles Schwab Corp Globe Life Inc Markel Corp Warren Buffett Berkshire Hathaway Inc Berkshire Hathaway Inc Breakingnewsglobal Investment Strategy Breaking News: Investing Banks Breaking News: Markets American International Group Inc Business News
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