Buffett’s Berkshire Hathaway slashes IBM stake | Reuters

NEW YORK (Reuters) - Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) has sold another large piece of its stake in IBM Corp (IBM.N), backing further away from an investment that the billionaire has admitted was not one of his best. FILE PHOTO: Berkshire Hathaway CEO Warren Buffett plays bridge during the Berkshire annual meeting weekend in Omaha, Nebraska May 3, 2015. REUTERS/Rick Wilking/File PhotoBerkshire reduced its IBM stake 32 percent in the third quarter to about 37 million shares from 54.1 million shares, according to a quarterly regulatory filing on Tuesday...

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By: Firstpost - Tuesday, 14 November

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