Warren Buffett finally reveals the mysterious company he’s invested billions of dollars in ...Middle East

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Warren Buffett finally reveals the mysterious company he’s invested billions of dollars in
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By Samantha Delouya, CNN (CNN) — The mystery is over: Warren Buffett’s Berkshire Hathaway disclosed a major stake in the insurance company Chubb, finally revealing the investment he has kept under wraps since last year. Berkshire revealed it acquired nearly 26 million shares of Chubb in a Wednesday Securities and Exchange Commission filing of the company’s first quarter investments. That translates to a value of approximately $6.7 billion. Buffett’s company had shielded the position from public knowledge as it was building the stake, requesting “confidential treatment” from the SEC in previous filings. Chubb, an insurance business that operates in 54 countries, made headlines in Mar

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