Can Warren Buffett owe billions of dollars? Berkshire Hathaway shareholder concerns grow
Warren Buffett always likes to say that his favorite time horizon for holding a stock is "forever." This simple strategy has not only provided him with great investment performance, but also the ability to avoid paying billions of dollars in taxes in some cases. But lawmakers want to shine a light on this through a new law. What will this mean for Berkshire Hathaway stock itself? And should investors react to it?
Warren Buffett likes to buy shares of companies like Apple $AAPL, Coca-Cola $KO and American Express $AXP, which have very strong brands and Berkshire Hathaway can hold them for a long time without having to worry about these companies losing the long-built loyalty of their customers. It's not for nothing that Berkshire has owned Coke and American Express for over 30 years.
One of the benefits of this approach has been minimizing taxes, since Berkshire Hathaway $BRK-B only paid taxes when it sold the shares it held at a profit…
very nice information
It's amazing
very nice bro you add this
Thanks!
info