Leaked data suggests Buffett may have traded stocks that his company was also trading
- Warren Buffett reportedly traded stocks from his personal account that his company Berkshire Hathaway was also trading
- Leaked data from the IRS suggests Buffett traded equities in his personal account before Berkshire Hathaway traded the same stocks
- Buffett has publicly stated that he avoids investing in stocks that could be a conflict of interest with Berkshire Hathaway
- Berkshire Hathaway ended the third quarter with a record cash pile of $157.2 billion
Billionaire Warren Buffett reportedly traded stocks from his personal investment account that his company Berkshire Hathaway was also buying and selling, according to a report from ProPublica. Leaked data from the IRS suggests that Buffett traded equities in his personal account before Berkshire Hathaway traded the same stocks. This raises questions about Buffett’s claim of avoiding stocks that could be a conflict of interest with Berkshire Hathaway. Berkshire Hathaway ended the third quarter with a record cash pile of $157.2 billion.
Factuality Level: 7
Factuality Justification: The article provides information based on a report from ProPublica, which cites leaked data from the Internal Revenue Service. It includes direct quotes from Warren Buffett and mentions the companies that he and Berkshire Hathaway traded in the same period. However, there is no response from Berkshire Hathaway included in the article.
Noise Level: 3
Noise Justification: The article provides information about Warren Buffett trading stocks from his personal account that his company was also trading. It includes quotes from Buffett and mentions the companies involved. However, the article lacks in-depth analysis, evidence, and actionable insights. It also does not explore the consequences of Buffett’s actions or hold him accountable.
Financial Relevance: Yes
Financial Markets Impacted: The article provides information about Warren Buffett’s personal trading activities and his company Berkshire Hathaway’s trading activities. It mentions stocks such as Walmart, Wells Fargo, and Johnson & Johnson that were traded by both Buffett and Berkshire Hathaway.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: The article pertains to financial topics as it discusses Warren Buffett’s personal trading activities and their relation to Berkshire Hathaway’s trading activities.
Public Companies: Berkshire Hathaway (BRK.B), Walmart (WMT), Wells Fargo (WFC), Johnson & Johnson (JNJ)
Key People: Warren Buffett (Chairman and CEO of Berkshire Hathaway)
Reported publicly:
www.marketwatch.com 
