Berkshire Hathaway Sold Taiwan Semiconductor: Should You?
When Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) makes a move, investors often follow. That's why, when news broke this month that Warren Buffett's company dumped most (about 86%) of its holdings in Taiwan Semiconductor Manufacturing (NYSE: TSM), the tech stock's price fell on the news. It's a bit of a surprise move, given that it was only the previous quarter that Berkshire acquired the stock.
Has something happened to make Taiwan Semiconductor Manufacturing, better known as TSMC, a worse buy recently, and should investors follow suit and sell the stock as well?
The biggest news to come out between the time Berkshire bought and sold shares of TSMC was the release of the company's fourth-quarter financials in January, which covered the last three months of 2022. And those figures were by no means bad.
Source Fool.com
