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why warren buffett wants ibm shares to languish

Berkshire Hathaway

Why Warren Buffett wants IBM shares to languish…

December 6, 2014

Berkshire Hathaway’s common stock investments include IBM or International Business Machines Corp. Based on Warren Buffett’s annual letter to shareholders dated February 25, 2012, for FY2011, Berkshire Hathaway has a stake of 5.5% in IBM. Given this 5.5% IBM stake, why did Warren Buffett said this in his annual letter: “We should wish for IBM’s…

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