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Anorak | Does The SEC Let Warren Buffet Win In A Two-Tier Stock Market? We aRe The 99.99999999%

Does The SEC Let Warren Buffet Win In A Two-Tier Stock Market? We aRe The 99.99999999%

by | 14th, November 2011

WARREN Buffet bought $10.7bn of IBM stock though his Berkshire Hathaway fund without making the markets notice. How?

The WSJ’s Deal Journal gets an idea:

Check out the  footnote to Buffett’s latest disclosures of his investment holdings released by the SEC:

“Confidential information has been omitted from the Form 13F and filed separately with the Commission.”

In other words, Buffett got permission from the SEC to keep some of his stock holdings secret. This isn’t unusual for Buffett.

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Posted: 14th, November 2011 | In: Money Comment | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink