Indiana Jones investigates Warren Buffett's secret stock purchase and the implications for the market. Could it be more valuable than the Ark of the Covenant?
Indiana Jones investigates Warren Buffett's secret stock purchase and the implications for the market. Could it be more valuable than the Ark of the Covenant?

Fortune Favors the Bold (and Secretive)

Snakes. Why did it have to be snakes? Oh wait wrong story. This is about… stocks? Yes stocks! Warren Buffett that old fox seems to be playing another game of hide the artifact only this time the artifact is a very lucrative stock. Seems Berkshire Hathaway is buying something big but they're keeping it hush hush like the location of the Lost Ark. The SEC bless their bureaucratic hearts is letting them get away with it claiming it's to avoid market volatility. Volatility! Sounds like a bad guy from one of my adventures doesn't it?

Billions in the Balance: More Than Just a Fedora at Stake

Apparently when you're dealing with Berkshire's billions – and I mean billions enough to make even my eyes water – any investment is going to cause a stir. Like dropping a boulder in a still pond. So they’re keeping it under wraps until they’ve built up a nice hefty pile. Smart move I must admit. It’s like not showing your hand in poker…or you know not revealing the location of a priceless idol until you've got your whip ready.

The Buffett Apprentices: Could Combs or Weschler Be the Mastermind?

Word on the street (or you know the financial papers) is that this could be the handiwork of Buffett’s lieutenants Todd Combs or Ted Weschler. The old man's starting to feel his age you see – losing his balance they say. Well I know a thing or two about that having stumbled through my fair share of ancient ruins. Perhaps he’s passing the torch…or in this case the stock ticker.

Past Secrets: The Chubb Caper and Other Hidden Treasures

This isn't the first time Buffett's pulled this trick. Remember Chubb? That Swiss insurer? He kept that under wraps for a while and now he's sitting on a cool $8 billion worth. It's like finding a map to El Dorado but instead of gold it's…well more gold but in the form of stock certificates.

Clues in the First Quarter: Following the Money Trail

So what could it be this time? The first quarter earnings report gave us a few hints. Apparently investments in "commercial industrial and other" increased by about $2 billion and "consumer products" rose by $1.1 billion. It's like piecing together an ancient tablet each fragment revealing a little more of the mystery. Double stakes in Constellation Brands Domino's Pizza Pool Corp and Heico all interesting.

X Marks the Spot... or Does It?

So what's the verdict? What's Buffett hiding? Is it a groundbreaking tech company? A revolutionary energy source? Or perhaps… a controlling interest in a company that makes fedoras? One can only dream. Whatever it is you can bet your bottom dollar (or your share of Berkshire stock) that it's something big. Now if you’ll excuse me I have a map to decipher. Fortune and glory indeed!


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