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Personal Trades

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"Charlie Munger Debunks Claims of Buffett's Self-Enrichment Through Personal Trading"
finance2 years ago

"Charlie Munger Debunks Claims of Buffett's Self-Enrichment Through Personal Trading"

Berkshire Hathaway Vice Chairman Charlie Munger has denied allegations that Warren Buffett traded stocks in his personal account before the conglomerate made similar moves. Munger argued that Buffett's charitable giving and the majority of his wealth being tied up in Berkshire stock make it unlikely that he would engage in such behavior. The allegations were made in a ProPublica report citing leaked IRS data, which claimed that Buffett made at least $466 million in personal stock sales between 2000 and 2019. However, the timing of these trades has not been independently confirmed.