Taking some chips off the table: What is behind Berkshire Hathaway's TSMC U-turn?

Caution in semiconductor industry

clock • 4 min read

Warren Buffett's famous quote: "If you are not willing to own a stock for ten years, do not even think about owning it for ten minutes," has become a guiding principle for many long-term investors.

However, the recent actions of Berkshire Hathaway (BH) have left investors wondering if the firm is changing its approach with the recent fresh faces at the helm.  BH, renowned for its long-term investment horizon and impressive portfolio, made a significant $4bn investment in Taiwan Semiconductor (TSMC), making it the ninth largest holding in their portfolio. Surprisingly, just three months later, the firm sold 86% of its holdings, an unprecedented move for the investment giant. BH has always been associated with its "forever" investment strategy, where it holds stocks for the lon...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Asia

Kepler Partners' Josef Licsauer: Why it could finally be Japan's time in the sun

Kepler Partners' Josef Licsauer: Why it could finally be Japan's time in the sun

'Once-moribund stock market'

Josef Licsauer
clock 16 July 2024 • 5 min read
Value Partners Group's David Townsend: Unlocking the potential of China's A-share market

Value Partners Group's David Townsend: Unlocking the potential of China's A-share market

For more than two decades, China's domestic stock markets have beckoned foreign investors with the promise of riding the wave of the nation's phenomenal economic expansion.

David Townsend
clock 20 June 2024 • 4 min read
Chikara's Andrew Draycott: A letter from India

Chikara's Andrew Draycott: A letter from India

'Everything starts to make more sense'

Andrew Draycott
clock 19 June 2024 • 4 min read
Trustpilot