date:Mar 04, 2014
way, Buffett gave no detailed reason for cutting the stake he bought in 2006.
Buffett still retains shares worth an estimated 1.67 billion.
Dubbed the Sage of Omaha for his reputation as the worlds most successful investor Buffett still retains Tesco as one of his top 15 holdings, which include American Express, Coca-Cola and Goldman Sachs.
Pressure is mounting on Tesco to reverse market share losses in its home market and fix nose diving profits in Europe and Asia. The group is currently 18