From Nasdaq: 2024-11-07 07:00:00

Warren Buffett’s Berkshire Hathaway secretly invested billions in Chubb due to an SEC disclosure exemption. Berkshire may continue to buy more Chubb stock, potentially acquiring the entire company. Chubb’s strong underwriting strategy and low combined ratio caught Buffett’s eye, making it a profitable investment opportunity. Berkshire’s growing cash balance could fuel further investments. Buffett believes cash is attractive compared to equities, making Chubb an appealing option for higher returns. However, it’s not among the 10 best stocks identified by the Motley Fool Stock Advisor team. Their picks historically outperform the S&P 500. Consider their recommendations before investing in Chubb or any other stock.



Read more at Nasdaq: Prediction: Warren Buffett Will Keep Buying More of This Secret Holding