IRS data reportedly shows Buffett traded Berkshire stocks in personal account, according to ProPublica

The nonprofit news outlet, citing a leak of confidential IRS data, alleged the"Oracle of Omaha" traded shares in his private account in the same quarter or the quarter before Berkshire bought or sold the same stocks, including shares ofThe 93-year-old investor has been open about the fact that he has a personal account, separate from his company's $300 billion equity portfolio.

Berkshire is required to disclose its holdings quarterly to the Securities and Exchange Commission, but the holdings in Buffett's account and size of it are largely a mystery.Buffett has said publicly that he tries to steer clear of the investments Berkshire is involved in when it comes to his personal account.a record cash pile of $157 billion and has been overall selling down shares that it owns. The shares hit a record in September.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Berkshire Hathaway Inc. Cl B stock rises Wednesday, still underperforms marketSupported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
Source: MarketWatch - 🏆 3. / 97 Read more »

Berkshire hathaway got a big boost from this business in Q3Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B), the conglomerate run by Warren Buffett, was trading lower on Monday, down about 2% as of 2:30 p.m.
Source: FXStreetNews - 🏆 14. / 72 Read more »