Notes

Some Ideas on Warren Buffett was drawn to Barrick Gold for all the usual You Need To Know


<h1 style="clear:both" id="content-section-0">The Of And Just Like That, Buffett Likes Gold - US Global Investors<br></h1>
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<p class="p__0">In the 2nd quarter of 2020 Berkshire Hathaway acquired a 20. 9 million shares stake in Barrick Gold (a gold mining company). These shares worth $564 million that make Warren Buffett the 11th greatest financier in the Barrick Gold Corporation.</p>
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<img width="325" src="https://marketnewscentral.com/wp-content/uploads/2021/11/15557-lower-holding-in-etfs-dents-gold-demand-hc-upadhyay-the-hans-india.jpg">
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://i.ytimg.com/vi/0Y_jgdlj5Fk/maxresdefault.jpg" alt="Warren Buffett's Berkshire Hathaway invests $563M in Barrick Gold - Las Vegas Review-Journal"><span style="display:none" itemprop="caption">Warren Buffett: Why Did He Just Sell GOLD?</span>
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<p class="p__1">In its most current Form 13F filing, Berkshire Hathaway had a few surprises. Form 13F need to be filed with the Securities and Exchange Commission quarterly by institutional financial investment supervisors with a minimum of $100 million in possessions under management. It notes the manager's equity positions (although not shorts). Berkshire's filing surprised markets for two reasons.</p>
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<p class="p__2">Second, it added a position in gold mining business, Barrick Gold Corp. Well, the web went wild. Here are just a few of the headlines: Golden touch: Is Warren Buffett betting against America? Did Warren Buffett just wager versus the U.S. economy? His most current investment raises some concerns Warren Buffett goes through a conversion on gold should you follow him? Berkshire Makes a Bet on Gold Market That Buffett Once Mocked Warren Buffett traded Goldman Sachs for gold in Berkshire Hathaway's freshly revealed portfolio The Twitterverse went just as crazy: So are the headlines and tweets fix? Did Warren Buffett, at the age of 90, alter his life-long investment strategy and brief the United States? Don't bank on it.</p>
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<h1 style="clear:both" id="content-section-1">Barrick Gold surges 12% after Warren Buffett's Berkshire Things To Know Before You Buy<br></h1>
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<p class="p__3">Buffett Didn't Discard Banks Here's a list of Berkshire's portfolio from the most recent 13F filing (bank stocks remain in green): As you can see, Berkshire closed its position in Goldman Sachs. It also trimmed its positions in JPMorgan Chase and Wells Fargo. However it added to its holdings in Back of America Corporation.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://i2.wp.com/moguldom.com/wp-content/uploads/2020/08/800x800_buffet.jpg?fit=800%2C800&amp;ssl=1" alt="Warren Buffett firm heaps up on a gold miner's shares, despite his earlier caution against gold - The Financial Express"><span style="display:none" itemprop="caption">Why Warren Buffett's company is buying shares of a gold mining company - Investment Gab</span>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://cryptotrends.in/wp-content/uploads/2020/08/Warren-Buffett-Invests-In-Barrick-Gold-1-1024x576.jpg" alt="Porgera Voices - Warren Buffett's Berkshire Hathaway disclosed on Friday that it had acquired 21 million shares of Barrick Gold worth US$563 million, or almost Kina 2 billionThis is the first"><span style="display:none" itemprop="caption">Warren Buffett Sours on Banks and Likes (Gulp!) Gold - BNN Bloomberg</span>
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<p class="p__4">It's ridiculous, however, to suggest that Berkshire has disposed banks. The worth of its bank stocks surpasses $40 billion. In addition, Berkshire continues to hold other stocks in the monetary sector. It has major stakes in American Express, Visa and Master, Card. In truth, Amex is Berkshire's fourth largest holding valued at over $15 billion.</p>
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<p class="p__5">Barrick Gold So let's rely on the financial investment in Barrick Gold. More Discussion Posted Here to note is that we have no concept if Warren Buffett made this financial investment. He has turned a large part of the portfolio over to 2 investment managers, Ted Weschler and Todd Combs. While he in some cases exposes whether he lagged a trade, he hasn't exposed that relating to the Barrick Gold financial investment, a minimum of that I have actually seen.</p>
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