Warren Buffett Nearly Exits Entire IBM Stake

The video discusses Warren Buffett's investment in IBM, highlighting the challenges faced during his holding period, including IBM's strategic shift towards cloud computing under CEO Ginny Rometty. Despite Buffett's traditional aversion to tech investments, he ventured into IBM, which faced declining profits. The discussion also touches on Buffett's broader investment philosophy and the evolving stance of Berkshire Hathaway towards technology stocks.

What were the challenges faced by IBM during the period Warren Buffett held its stock?

How did Ginny Rometty attempt to change IBM's direction?

What was the reaction of the investment banking firm regarding IBM's financial performance?

What was Warren Buffett's traditional investment strategy before investing in technology?

What significant change did Buffett make in his investment approach over the years?