Reply to post: Re: That's all?

Warren Buffett's Berkshire Hathaway buys 11.4% stake in HP

Peter2 Silver badge

Re: That's all?

Is the valuation of that fintec company based on the self importance of a snakeoil salesman, or are they actually worth that?

If Warren Buffett buys 11.4% of HP then i'd be inclined to think that he thinks that it's worth more than that in the long term.

You know, given that he's made over a hundred billion dollars by buying up shares of unsexy companies that he thinks are undervalued and then watching the value increase over time.

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