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Fortune
Fortune
Christiaan Hetzner

Warren Buffett says the threat of war was a ‘consideration’ in his decision to dump the bulk of his $4 billion stake in chipmaker giant TSMC

Berkshire Hathaway CEO Warren Buffett sold most of his stake in TSMC due to rising tensions with China. (Credit: Johannes Eisele—AFP/Getty Images)

Warren Buffett practically wrote the book on buy-and-hold investing, so when the Oracle of Omaha sells stock after just a few months, he must have good reason.

The 92-year-old CEO of Berkshire Hathaway said he dumped the bulk of his $4.1 billion stake in Taiwan Semiconductor Manufacturing Co. (TSMC) within the space of one financial quarter last year in part owing to the risk of war in the island nation. 

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