Reported about 1 year ago
The world's largest semiconductor foundry TSMC skyrocketed to new record highs, surpassing Warren Buffett's Berkshire Hathaway, causing Buffett to lose nearly 200 billion NTD. Many foreign institutional investors and wealthy individuals refrained from investing in or reduced their holdings in TSMC due to concerns over Taiwan Strait's 'geopolitical' situation. Berkshire Hathaway announced selling out all TSMC ADR, missing out on significant gains, with the stock price doubling since Buffett's exit, making him also miscalculate and lose big.
Source: YAHOO