Thread regarding IBM layoffs

Warren Buffett’s Had It With These Stocks!

"Billionaire investor Warren Buffett's Berkshire Hathaway invests over $100 billion in individual stocks, and while Buffett's renowned for his patience, it appears he's pretty unhappy about the performance of IBM (NYSE:IBM) and General Electric (NYSE:GE)."

He's pretty unhappy: join the crowd, buddy.

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"It's anyone's guess if Buffett's going to eliminate IBM shares from his portfolio altogether, but I wouldn't bet against it. It's hard to sell as much stock as Buffett owns in IBM without causing a big drop in share prices, so in instances like this, Buffett has taken a measured approach that includes selling shares over the span of a few quarters. One recent example of this was his decision to sell his Wal-Mart Stores, Inc. stock. It took him about one year to fully unwind that position."

I wouldn't bet against it either. . .

https://www.fool.com/investing/2017/08/17/warren-buffetts-had-it-with-these-stocks.aspx

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