Berkshire Hathaway Vice Chairman Charlie Munger sold all shares of POSCO Holdings

Reporter Kim Jisun / approved : 2023-01-26 07:04:08
  • -
  • +
  • 인쇄
This article is translated by AI company Flitto and Alhpa Biz neural machine translation technology
(사진= 연합뉴스)

[Alpha Biz=(Chicago) Reporter Kim Jisun] Berkshire Hathaway Vice Chairman Charlie Munger, dubbed Warren Buffett's right-hand man, sold all shares of POSCO Holdings, which he invested nine years ago.

According to the industry on the 25th, the Daily Journal, run by Vice Chairman Munger, sold all POSCO Holdings ADR through the release of its investment portfolio in the fourth quarter of last year. The Daily Journal bought 4,600 shares of POSCO Holdings ADR 6 alone for about $76 per share in the fourth quarter of 2013. Since then, 84.9% (54,900 shares) of the shares held in the fourth quarter of 2014 have been sold for about $69 per share. 

 

Since then, about 15% (9,750 shares) of the remaining shares have been disposed of for about $ 49 per share in the fourth quarter of last year. The amount is about 500 million won.

The Daily Journal is a newspaper and court software provider, and Munger has invested in stocks through the Daily Journal while serving as chairman. POSCO Holdings ADR accounts for about 0.5% of the total portfolio.

It is analyzed that Munger eventually lost money from investing in POSCO Holdings. The selling price is 9.2% and 35% lower than the purchase price, respectively.

Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)

어플

주요기사

Lotte Chilsung to Offer First-Ever Voluntary Retirement Program in 75 Years2025.11.07
Police Refer Former Doosan Bobcat Korea Executives to Prosecutors Over Bid-Rigging and Bribery Allegations2025.11.07
SK Group to Launch Early Year-End Executive Reshuffle; Major Layoffs Expected at SK Telecom2025.11.07
KT Accused of Concealing 2024 Malware Infection Affecting Subscriber Data; Government Probe Finds Security Failures Behind Micropayment Hacking2025.11.07
Korea’s National Pension Service Gains Strong Q3 Returns from U.S. Tech Stocks Amid Market Rally2025.11.07
뉴스댓글 >

건강이 보이는 대표 K Medical 뉴스

HEADLINE

PHOTO

많이 본 기사