Ownership of IBM is consistent with Warren Buffett's policy of buying undervalued assets of well established firms.
033. Buffett buys 8.35% of the current capitalization worth of IBM
Warren Buffett has bought 81 million shares of IBM, representing 8.35% of the market capitalization of the firm.
That should not be a surprise. IBM shares can be purchased for $128.11 while they represent a current fair value of $288.66, with a potential of large appreciation.
Ownership of IBM is consistent with Warren Buffett's policy of buying undervalued assets of well established firms.
Ownership of IBM is consistent with Warren Buffett's policy of buying undervalued assets of well established firms.
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