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IBM Warren Buffett

Loses $1billion on IBM stock

20 Oct, 2014

Billionaire investor Buffett loses 1 billion on IBM stock as the stock plummets 15.05 at the start. IBM is Buffett’s third largest stock holding behind only Wells Fargo and Coca-Cola. IBM CEO Ginni Rommety denies rumors of the company splitting up.

There is no doubt that marketplace speed has increased. We have a very clear strategy about how to take this company to the future.