Berkshire Hathaway abruptly dumps entire TSMC stake due to geopolitical risk

fortune.com

9 points·gjsman-1000··5 comments

Berkshire Hathaway is becoming more and more a (badly) managed active fund.

Worth noting that about a month ago, Tommy Tuberville placed PUT calls on TSMC (betting against the stock). Wouldn't raise any questions because TSMC stock is going down otherwise, except that he is a Senator on the Senate Armed Services Committee. Now, he didn't purchase a huge amount of them, but it's still caused some questions on whether he and Buffett know something we don't; especially because Buffett only bought the TSMC stock six months ago. What changed in six months in his mind to go from good investment to dumping all of it?

Also just one hour ago, yet another threat: "China says ready to 'smash' Taiwan self-rule as US prepares major arms package, sends advisers"

https://abcnews.go.com/US/wireStory/china-ready-smash-taiwan...

That's not much in the way of news. That's just typical Chinese propagandistic bluster.

You could even regard it as good news. The US is sending arms to Taiwan. China doesn't like it. That's good - it means it's effective aid to Taiwan, effective enough that China notices and complains.

> That's just typical Chinese propagandistic bluster.

I would agree; except that propagandistic bluster sometimes materializes. Mein Kampf was published in 1925, and it and every speech he gave was "propagandistic bluster" until 1939...

Or, well, take Putin. Lots of "propagandistic bluster" there until last year...

Sure. In fact, the similarities between Chinese bluster over Taiwan and Russian bluster-until-it-wasn't over Ukraine worry me a lot.

All I'm saying is, this (verbal) response by China isn't much in the way of news.

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