Don't Fight The Fed; Don't Bet Against Buffett -- Seems To Be Good Investing Advice -- February 15, 2022

The benefits of sitting on multiple boards. 

Link here. 

Berkshire Hathaway bought Activision Blizzard shares before Microsoft takeover. 

In round numbers: $1 billion deal. 

Warren Buffett's Berkshire Hathaway Inc acquired nearly $1 billion of shares in Activision Blizzard Inc before Microsoft Corp agreed to buy the video game maker for $68.7 billion, according to a Monday regulatory filing.

Berkshire said that as of Dec. 31, it owned 14.7 million shares worth about $975 million of the "Call of Duty" maker.

Microsoft announced its plan to buy Activision Blizzard on Jan. 18, in its largest ever acquisition.

Activision shares are up 23% this year to $81.50, though they remain well below the proposed $95 per share takeover price, reflecting potential antitrust concerns.