Post by
GoldenInvestor on Dec 09, 2021 12:58pm
Berkshire Hathaway and LATAM
Berkshire has an investment in NuBank. A latam bank.
Berkshire interrest was piqued in the fintech operation and specifically in LATAM!
- not our space, obviously, BUT, shows how the region is evolving and capturing interest of big investors!
Comment by
MrMugsy on Dec 09, 2021 1:19pm
Hahaha ... money, food and drugs ... all very important in the developing world. : )
Comment by
longrun86 on Dec 09, 2021 2:50pm
I am a shareholder in both Berkshire and Knight. Berkshire disclosed a $475 million interest in Royalty Pharma in November. It's a slightly different business model but generates attracted ROE on a global basis. Latam is gaining interest and I am trying to find a good source of fund flow that is more than anecdotal. Please let me know if you are aware of a reliable source. Best of luck, LR
Comment by
MrMugsy on Dec 09, 2021 3:56pm
Longrun ... maybe BNS as a LATAM play ! Pretty sure there's a reliable source of revenue coming from them. : )
Comment by
Chianchin on Dec 09, 2021 6:15pm
Scotia bank has taken huge losses and out in many LATAM contries and now they are focusing only in Mexico and Colombia and some island. Royal got out period. Again tMr. Mugsy desperatly tries to confuse andconting losses. No presnts for his grand kids soon