Who Will Ultimately Own TechBerry: BlackRock or Warren Buffet?

As widely reported, Warren Buffet recently sold a significant portion of his portfolio, including shares in high-profile companies like Apple, Capital One, Chevron, Bank of America, and others. It has now come to light that Buffet is allocating some of these funds toward acquiring TechBerry.

However, standing in his way is the investment giant BlackRock, according to various media sources, has been in talks with TechBerry for some time. BlackRock has already conducted an audit of the company and is currently negotiating the terms and price of the deal to reach an agreement that satisfies both parties.

Yet, knowing Warren Buffet’s wisdom, it’s clear that he would only part with such valuable assets as Bank of America and the other mentioned stocks if he were confident in his ability to acquire this new asset.

This leads to the speculation that TechBerry may not be in a rush to accept BlackRock’s offer. So, what is it about the TechBerry platform that has attracted the attention of these two investment giants?

Currently, TechBerry is the undisputed leader in AI trading. Its database is connected to over 100,000 online trader accounts, which is crucial for maintaining the high performance of its AI platform. Another undeniable advantage is the trust TechBerry has garnered from a large number of individual investors, who make up the lion’s share of its client base.

It’s worth noting that existing TechBerry clients are likely to be in a better position than future ones. Regardless of whether BlackRock or Berkshire Hathaway ends up owning TechBerry, service fees are expected to increase. However, this won’t affect current clients, as their contracts were signed under the existing rates and cannot be altered.

Given all this, it becomes clear that acquiring an AI platform with an already established and extensive base of individual investors and traders for such large investors is far more advantageous than spending 7 to 8 years building one from scratch.

We will be closely monitoring the developments in this unpredictable deal.