Buffet takes stake in Domino’s
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Update following
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As per the title, Berkshire has acquired a 3.7% stake in DPZ. The stock received a much needed boost +4%, bringing its ytd performance to +9% in USD terms. There isn't a lot to read into from the purchase. It's $500M, a drop in the bucket for Berkshire. Will they materially increase their position-one would think so as $500M isn't going to move the needle when you have > $300B to deploy.
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The ‘equity’ portfolio