Recent Buffett Purchases Buffett revealed at Berkshire’s annual April shareholder meeting that the conglomerate owns a 9.5% stake of Activision Blizzard ( (ATVI ) - באַקומען Activision Blizzard, Inc. באריכט ) from its initial stake of 2%, the gaming company, that is set to be acquired by Microsoft ( (מספט ) - באַקומען Microsoft Corporation באריכט ).
“If the deal goes through, we make some money,” he said at the company’s annual shareholder meeting.
He said the acquisition of more shares was his decision.
In April, the majority of Activision Blizzard shareholders voted in favor for the $69 billion all cash deal announced in January. This merger would be the largest one in the tech sector, giving Microsoft an upper hand since it would own Activision’s video games such as Candy Crush, Call of Duty and World of Warcraft.
The deal has been anticipated to close during the summer as it faces further scrutint from government entities, such as the U.S. Federal Trade Commission.
שוטטערסטאָקק
Buffett Net Worth Rises While other investors have seen a large percentage of their fortunes dissipate in the recent market selloff, Buffett has risen to the top.
Buffet is one of two people in the top ten richest people globally whose net worth increased since January, according to the בלומבערג בילליאָנאַירעס אינדעקס .
The Oracle of Omaha is ranked number five on the index, which is a daily ranking of the world’s richest people. His total net worth is $112 billion and he has gained $3.38 billion year-to-date through the end of trading on May 15.
The Bloomberg list includes only one other billionaire in the top 10 – Gautam Adani, an Indian infrastructure magnate that owns real estate, commodities and power generation and transmission, whose total net worth is $99.5 billion and his year-to-date performance is a profit of $22.9 billion through May 15.
Only 24 billionaires saw their net worth rise year-to-date through the end of trading on May 12 out of the top 100 richest people.
Buffett’s Investing Style Remains The Same While his attackers focus on companies Buffett should have invested in earlier such as Apple due to his aversion of owning tech stocks and his blunders with airline stocks, Buffett has stuck to his investing strategy of purchasing quality companies, Johnson told TheStreet previously.
"אַזוי פילע פון זייער געשעפטן זענען די סטאַביל, אַנסעקסי קאָמפּאַניעס וואָס קעסיידער פּראָדוצירן קאַשפלאָוז און זענען נישט וואַליוד אין העכער מאַרק מאַלטאַפּאַלז," ער האט געזאגט. "צו אָפט מענטשן ווילן צו פּרובירן צו טוישן זייער ינוועסטינג סטיל צו פּאַסן די מאַרק. בופפעט איז אמת צפון. ער טוט דאָס נישט."
The conglomerate owns a myriad of other companies from smaller stakes to outright holdings ranging from insurance, railroads, utilities to tech companies and its infamous holdings such as Coca-Cola ( (KO ) - באַקומען קאָקאַ-קאָלאַ פֿירמע באריכט ), קראפט היינץ ((KHC ) - באַקומען Kraft Heinz פֿירמע באריכט ) און זען ס קאַנדיז.
Buffett focused on ownership of retail banks, keeping his stakes of Bank of America ( (באַק ) - באַקומען Bank of America Corp באריכט ), זיין צווייט גרעסטער שטעלע נאָך עפּל ((אַאַפּל ) - באַקומען עפּל ינק. באריכט ) און USBancorp ((יו עס בי ) - באַקומען US Bancorp באריכט ). He sold shares of Wells Fargo ( (וופק ) - באַקומען Wells Fargo & Company באריכט ), JPMorgan Chase ((דזשפּם ) - באַקומען JPMorgan Chase & Co. באריכט ) און גאָלדמאַן סאַקס ((GS ) - באַקומען Goldman Sachs Group, Inc. באריכט ) during the past two years.