quote:[i]
Quote:
quote:Originally posted by bushbasher
Now that he is so big Warren Buffet doesn't have the luxury (as most of us do) of being able to get into and out of stocks in a short time horizon.
Berkshire Hathaway owns 200m shares in Coke, about 8.45% of the company, currently worth roughly US$9b. The total value of Coke is in excess of $100b. The value of all securities listed on the NYSE back in March was US$43.6
TRILLION (This isn't even counting the Nasdaq and other North American markets). Coke represents less than 0.25% and Buffett's stake around about 0.02%. It's not a credible argument that he would face difficulties selling this stake. In the New Zealand context selling 100% of TEL would be a big ask. In the USA its less than a blip.