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HomeAll NewsMost read newsBusiness Leaders Biography
Birthday : 08/30/1930
Place of birth : Omaha (Omaha) - United States
Biography : Warren Edward Buffett is an American businessperson who has been at the head of 6 different companie

Buffett not selling stocks as a result of Paris attacks: CNBC

11/16/2015 | 08:00am EST
Warren Buffett, chairman and CEO of Berkshire Hathaway, speaks at the Fortune's Most Powerful Women's Summit in Washington

(Reuters) - Billionaire investor Warren Buffett is not selling any securities from his portfolio as a result of Friday's attacks in Paris, CNBC said on Monday.

Buffett's remarks were reported by CNBC anchor Rebecca Quick, who spoke with him after Buffett's Berkshire Hathaway posted its quarterly filing of securities ownership with the U.S. Securities and Exchange Commission earlier on Monday.

Among other moves in its portfolio, Berkshire had cut stakes in Wal-Mart Stores Inc (>> Wal-Mart Stores, Inc.) and Goldman Sachs Group Inc (>> Goldman Sachs Group Inc) to raise cash for its pending purchase of Precision Castparts Corp. (>> Precision Castparts Corp.), Buffett told CNBC.

(Reporting By Dan Burns; Editing by Chizu Nomiyama)

© Reuters 2015
Stocks mentioned in the article
ChangeLast1st jan.
BERKSHIRE HATHAWAY INC. -0.56% 427405 Delayed Quote.23.58%
THE GOLDMAN SACHS GROUP, INC. -0.70% 397.32 Delayed Quote.50.67%
WALMART INC. -1.01% 137.15 Delayed Quote.-4.86%