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Warren Buffett Finally Gets Closure On One Of His Rare Investing Mistakes

TedTed
in Fund Discussions
FYI: .USG agreed to a $7 billion buyout from Germany's Knauf.
.Berkshire Hathaway is USG's biggest shareholder, with a 31 percent stake, and said in April it would vote against four
director nominees after the company rebuffed an earlier Knauf offer.
.Buffett has called drywall maker USG a "disappointing" investment because the gypsum business has struggled.
Regards,
Ted
https://www.cnbc.com/2018/06/11/warren-buffett-gets-closure-on-disappointing-usg-investment.html

Comments

  • MarkMark
    <1.0% of BRK.A holdings as of 3/31/2018. I was sort of hoping for a WF dump.
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