Buffett\’s Berkshire Hathaway investment firm has been buying shares in IBM since March and now owns 64 million shares, or about 5.4% of the outstanding stock, Buffett said in an interview on Monday on the financial news channel CNBC.
The investor was given permission by securities regulators to keep the purchases secret for several months but having finalised the purchase the firm also revealed….
Why does Buffett get a let out on reporting his purchases?
Anyone actually know? That is, what\’s the reason given, rather than just because it\’s Buffett?