> Warren Buffett Blog: Warren Buffett not surprised by IBM share prices

Monday, April 20, 2015

Warren Buffett not surprised by IBM share prices

Folks have this false impression that—when we purchase a stock—we want it to go up. There have been no surprises at IBM considering the fact that we started out buying it a couple many years back. We anticipated earnings to occur down. We anticipated a 12 months like this wherever international trade would get a whack off revenues.