Berkshire Hathaway Corporation Warren Buffet has placed its name behind the world’s most prestigious diamond mining company, placing its stock in the company that makes most of it’s billions, namely Berkshire Hathaway.
Diamond S.A. is also the world’s largest diamond producer.
The company is a long term investor, having bought a small stake in the company back in 2020. Although the company does have shares in several other companies, it has chosen to invest in Diamond S.A.
Warren Buffet, the company’s founder, first came across the company while looking for an investment banker. After researching a few different companies that produce diamond products, including the company that Warren Buffet invested in, he was attracted to Diamond S.A. The company was founded in 1886 by Bernard F. Buffet, who went on to establish some of the best financial institutions and insurance companies in the United States. He has a great deal of influence over his business partners, and is an influential shareholder.
Warren Buffet Investment in Diamond S.A.If you invest in a company, you should be able to look forward to seeing continued growth and expansion, but you should be prepared to accept the fact that companies may be in trouble if prices continue to fall. If that’s the case,