CEO Sells Company for Billions Then Used Almost All The Proceeds to Invest in Two Stocks
What would Warren Buffett do? Definitely not this. But that didn’t stop Ryan Cohen — who sold Chewy CHWY, 0.31%, the company he co-founded, for $3.35 billion back in 2017 — from throwing diversification out the window and plunking almost his entire payout into just two stocks: Apple AAPL, 0.31%, … Continue reading CEO Sells Company for Billions Then Used Almost All The Proceeds to Invest in Two Stocks
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