Cut its position in TSMC by 86 per cent

Warren Buffett's holding company, Berkshire Hathaway, cut its position in TSMC by 86 per cent according to a regulatory filing.

Still, it can afford to make a couple of mistakes

Financier Warren Buffett refused to give the thumbs up to  Apple's new suite of services.

Sells a third of his shares

After years of justifying a big investment in IBM, Warren Buffet has finally flogged off a third of his shares.