Buffett just bought an insurance stock and these 2 ASX shares stand out
Summary by fool.com.au
1 Articles
1 Articles
Buffett just bought an insurance stock and these 2 ASX shares stand out
Warren Buffett has once again reminded the market why he's considered the world's greatest value investor. His latest billion-dollar buy was UnitedHealth Group (NYSE: UNH), a beaten-down US health insurer that many investors had abandoned. True to form, Buffett steps in when the stock looks like "damaged goods": Buying quality when the rest of Wall Street is fearful. Buffett has always had a soft spot for insurance businesses. Besides Berkshire …
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