Geopolitical tensions played a role in Warren Buffett’s decision to cut Berkshire Hathaway’s stake in Taiwan Semiconductor Manufacturing Co., the legendary investor said in an interview.
Berkshire Hathaway BRK.B cut its stake in the microchip maker by nearly $4 billion in the fourth quarter. China considers Taiwan a renegade province and reportedly has simulated strikes during drills, following the visit by Taiwan’s president Tsai Ing-win to the U.S. and Central America.
Buffett…
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