Warren Buffet Predicts Taiwan War

Fortune: Warren Buffett says the threat of war was a ‘consideration’ in his decision to dump the bulk of his $4 billion stake in chipmaker giant TSMC 

Warren Buffett practically wrote the book on buy-and-hold investing, so when the Oracle of Omaha sells stock after just a few months, he must have good reason. 

The 92-year-old CEO of Berkshire Hathaway said he dumped the bulk of his $4.1 billion stake in Taiwan Semiconductor Manufacturing Co. (TSMC) within the space of one financial quarter last year in part owing to the risk of war in the island nation. 

Rising geopolitical tensions were “a consideration,” he said in an interview with Nikkei on Tuesday, arguing that he had better places to invest his firm’s capital even if the world's largest chipmaker by volume is a well-managed company.  

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Update: Warren Buffett gives reason for surprise sale of stake in Taiwan’s TSMC (CNN)  

WNU Editor: Selling his stake in Taiwan Semiconductor Manufacturing Co. (TSMC) only a few months after buying it is just another indication on how quickly the geopolitical situation is changing.