Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Is Elon Musk the Reason Warren Buffett Sold GM Stock?


Tesla (NASDAQ: TSLA) CEO Elon Musk and Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett are two of the wealthiest people in the world, and titans of American business.

However, the two have dramatically different approaches to business. Buffett favors timeless business models and companies with wide economic moats. He loves the insurance industry. For example, Berkshire owns GEICO and a number of other insurance companies, and he favors big-brand stocks like Apple and Coca-Cola.

Elon Musk, on the other hand, sees innovation as the major point of differentiation in business, and is a big-thinking visionary with dreams of colonizing Mars and embedding microchips in people's brains. Musk even took a swipe at the concept of economic moats once, saying back in 2018, "Moats are lame."

Continue reading


Source Fool.com

Berkshire Hathaway Inc. A Stock

€595,000
-1.160%
A loss of -1.160% shows a downward development for Berkshire Hathaway Inc. A.
Our community is currently high on Berkshire Hathaway Inc. A with 3 Buy predictions and 0 Sell predictions.
With a target price of 650000 € there is a slightly positive potential of 9.24% for Berkshire Hathaway Inc. A compared to the current price of 595000.0 €.
Like: 0
GM
Share

Comments