Post by
flush777 on Nov 25, 2024 12:59pm
BCE is the ideal investment for Warren Buffet
He has difficulty finding large size companies to invest in, beat up, I will give full marks for technology (Canada telecoms missed the US techie run ...), BCE is a leader in its space, BCE is expanding into the USA which probably is paramount to Warren ... with no baggage from large US carriers than Warren can help BCE with the US market such as its investment in Chinese EV auto manufacturer, BYD or whatever, with a 20% investment and advise from Warren, this company is now the industry leader (NOT TELSA, if I recall).
So boys and girls, if Warren is not slowly accumulating a stake in BCE then I will bet you dollars to donuts! Hence, slowly but consistently rising in price.
Hum, foreign ownership restrictions in Canadian telecoms are really not an issue since Liberals are dying to give foreign ownership away in this sector and if not then a JV with BCE for the US operations and a say 20% plus or minus stake in BCE will also work.
Comment by
flush777 on Nov 25, 2024 1:02pm
A few years ago, I posted similar advise about Warren Buffet and Home Trust and within say one week to ten days, this company announced that Warren had taken a 20% interest in Home Trust and its stock soared in value. Yup, Warren cashed out and to this day Home Trust is a viable Canadian entity! I hope that history repeats itself!
Comment by
Ocalaman on Nov 25, 2024 3:59pm
WB only buys good value, being beaten down by debt and government wouldn't pass his test . He buys good companies that go on sale.