Warren Buffett's Hidden Gem: Liberty SiriusXM Tracker Stock
Sunday, 14 April 2024, 07:47
Warren Buffett's Hidden Gem: Liberty SiriusXM Tracker Stock
Berkshire Hathaway is pouring hundreds of millions into this unique stock every month. Warren Buffett has been hard-pressed to find a great stock to buy in today's market, evidenced by the $168 billion in cash and treasuries on Berkshire Hathaway's balance sheet.
Berkshire's Investment in Liberty SiriusXM
- $2.8 billion invested so far
- Less than 1% of Berkshire's portfolio
Advantages of Sirius XM
- Resilient subscription-based revenue model
- Potential for subscriber growth
- Low royalty fees and strong gross margin
Despite challenges, Sirius XM and Liberty SiriusXM present an attractive investment opportunity for those looking to follow Warren Buffett's strategy.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.