Warren Buffett Chairman and Chief Executive Officer of Berkshire Hathaway may look at investing in Bajaj FinServ, through a subsidiary, reports CNBC-TV18 quoting sources.
It is being learnt that Berkshire Hathway’s arm is in preliminary talks with Bajaj FinServ, the holding company of Bajaj Allianz Life Insurance Co Ltd and Bajaj Allianz General Insurance Co Ltd.
Sources also inform that Bajaj FinServ's Managing Director, Sanjiv Bajaj is expected to visit the US by this month end. Commenting on the issue, Bajaj said private equity funds and other investors have shown interest to invest. However, he denied the news of being in talks with any Warren Buffet companies.
Market is never wrong-Opinions are often.Time in the market is more important than timing the market.Simplest rule for wealth creation-Buy at low , Sell at high. Knowing a fact is a pure fiction only application is real.A knowledge which can't create a wealth is not worth having. There is no other magic in the real world as prediction.
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