Last night (14/11/22) Warren Buffet’s Berkshire Hathaway disclosed that it had invested around $5bn in Taiwan Semiconductor (TSMC). TSMC recently made it into our Top10, as its expected return increased during the recent sell-off. Even after adjusting for China/Taiwan geopolitical risks, this exceptional, wide-moat company has a fantastic blend of quality growth at an extremely compelling valuation. It is great to see our Thesis and our Timing supported in this way by Berkshire Hathaway.

 

Below is a snapshot of our current research piece on TSMC, which discloses some of the characteristics we like about the company. Please get in touch for more information.