IBM: A Disaster In The Making
by Arne Alsin
IBM (IBM) is going to cost Berkshire Hathaway (BRK.A) a lot more than the $1.3 billion of paper profit that has vanished since last Friday. With a cost basis near $170 per share, it's unlikely Warren Buffett can sell 68 million shares of IBM without driving the price below $170, but that's what he should do: Sell IBM. read more »
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