While Warren Buffett has reduced his stake by a quarter in the past year, he continues to own a 3.7% stake in Tesco (LSE: TSCO) (NASDAQOTH: TSCDY.US). Is the recent weakness in the supermarket’s share price enough to tempt the Oracle of Omaha back?
3 Reasons Buffett May Buy Back Into Tesco PLC
VIDEO: One Fool puts Tesco PLC (LON:TSCO) under the spotlight.
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Published Owain is a magpie of the investing world -- and not because he gets into a flap. Almost any style of investing might suit him, depending on the bigger picture, and he's held all sorts of companies. Paraphrasing Keynes, he says: “When the market changes, I change my mind -- what do you do?”
That said, Owain is usually a buyer of equities, where he prefers lightly geared, modestly rated companies, and is increasingly on the lookout for Buffett-style intangible quality. He aspires to buy-and-hold: his best investment ideas are worth much more than he sold them for. Then again, his worst investment went bust due to management fraud!
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