Any idea? They call him the Arabian Warren Buffett. AFAIK, his holding in Citigroup isn't doing so hot.
Prince peewee should have bought BAC; a company with a stranglehold on the banking sector. Don't need to be a billionaire to see that But Buffets picks are horrid lately though. His 'yearly letter' is analogous to toilet paper.
Most people that inherit billions of dollars know jack sh!t about anything, Prince Alwaleed included.
I think he is in C at about $10/share.... Also, in AAPL from several years ago.....real cheap.... SteveD
Um this is his own company when he bought control of it; we're talking about buffets individual stock picks.
Answer this question: Where are the stocks Buffet owns held? In what name or under what company are the stocks owned... Also Buffet is a buy and hold investor, so it does not matter what his picks do lately since he will have them for 10 years or more perhaps.