Berkshire invests in Capital One, sheds four stocks

"Trust banks such as BNY Mellon have seen deposit pressures mounting as the [U.S. Federal Reserve shifts] to quantitative tapering," said David Smith, an analyst at Autonomous Research.

In contrast, high-yielding assets for credit card specialists such as Capital One position them better to absorb increased funding costs and avoid liquidity concerns, he added. Berkshire also has dozens of operating businesses including the BNSF railroad, Geico car insurance, and many energy, manufacturing and consumer units.

Buffett shed what remained of the TSMC stake six months after surprising investors by revealing a $4.1 billion investment. He told investors this month he had reevaluated the risks of investing in Taiwan, on growing concern China might soon invade or try to reclaim the island nation.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Warren Buffett's Berkshire Hathaway adds Capital One and these other stocks to holdingsWarren Buffett's Berkshire Hathaway made a slew of changes to its massive equity portfolio last quarter.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »

Warren Buffett's Berkshire Hathaway switched stakes in two banks, and the stocks head in opposite directionsWarren Buffett's Berkshire Hathaway Inc. made a change in banking targets for investment, sending two banks' shares in opposite directions Monday afternoon.
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »