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Gore, Buffet ditch TSMC shares... |
2023-02-20 |
[WCCFTech] After its filings with the Securities and Exchange Commission (SEC) revealed that Warren Buffett's Berkshire Hathaway had sold billions of dollars of TSMC's share's within months of buying them, former vice president Al Gore's investment firm Generation Investment Management has followed suit. The firm's filings from last week show that it has also sold its TSMC stake, but unlike Buffett, who chose to keep some shares, Generation Investment has exited its position entirely. Before its SEC filings, the firm also posted its quarterly investor letter, which, while not mentioning the reasons behind the disposal, did raise concerns about geopolitical tensions in the Taiwan strait and the vulnerability of the semiconductor supply chain. Getting their money out ahead of Chinese takeover? |
Posted by:M. Murcek |