Ge Stock Warren Buffett
General electric s shares sank 45 last year amid struggles to rebound from a so called industrial recession compounded by weak oil prices a few years ago.
Ge stock warren buffett. General electric ge was trading. The 4 fastest growing stocks warren buffett owns. Buffett would make a quick 50 return in just over a year before selling his geico stake to put the profits into a. Warren buffett shook hands with ge ceo jeff.
Ge s stock grew about 40 during the time berkshire held stock in the company. Ge stock surged after the news. Ge pays a huge dividend helping pad buffett s profit. Here are the top 10 warren buffett stocks by number of shares held as of june 30 based on berkshire hathaway s most recent 13 f filing from aug.
Top warren buffett stocks by size. Who made the decision to buy amazon stock. The deal s valued at 21 4 billion and could help ge lower its debt. As of june 30 berkshire hathaway owned 537 300 shares which is worth close to 950 million.
Warren buffett invested 3 billion in general electric in october 2008 handing vital cash to the industrial titan just as credit markets seized up and global demand slumped. Enthralled buffett subsequently put half his net worth into geico s stock. Favorable terms for buffett. Warren buffett s advice to general electric.