Why Buffett Is Right To Bail Out Of Tesco PLC

Some critics think Warren Buffett has abandoned his own value investing philosophy by selling his Tesco (LSE: TSCO) shares after years of declines in both the share price and the business. But that’s to misunderstand both the magnitude of the change in Tesco’s fortunes and also why Buffett invested in the company in the first place…

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Owain Bennallack owns shares in Tesco. The Motley Fool UK owns shares of Tesco. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.