The maestro of value investing, Warren Buffett, has taken a major stake in HP (HPQ). Mr. Buffett said in February, “Whatever our form of ownership, our goal is to have meaningful investments in businesses with both durable economic advantages and a first-class CEO.” Based on his principles, Warren Buffett's Berkshire Hathaway (BRK.B) recently purchased a more than 11% stake in HP, marking another move into the computing space. According to the latest filing, Berkshire Hathaway bought almost 121 million HPQ shares, valued at $4.2 billion. As a result of the purchase, Berkshire becomes HP's single largest shareholder. HPQ rose 14.8% on Thursday.
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