Before Buffet’s investment in Teva, the billionaire’s first non-American acquisition was of the Israeli company Iscar in 2006 for over $6B, then Ray-Q Interconnect and AgroLogic, but in 2017 the chairman and CEO of Berkshire Hathaway invested $5m. in Israel government bonds for his own personal portfolio.
– “I’m a big believer in Israel’s economy… I didn’t invest the money in any other country. That’s the strongest vote of confidence I can give,” admitted Buffet.
With a track record for placing winning bets at opportune moments, American billionaire Warren Buffett is one of the most scrutinized investors in the world – and recent Israeli investments are showcasing his love affair with the Jewish state. Continue Reading »