Buffett Bets $2.8 Billion on SiriusXM Growth Potential

Warren Buffett and Berkshire Hathaway managers have invested $2.8 billion in Liberty SiriusXM, a tracking stock that represents a stake in SiriusXM.

Liberty SiriusXM trades at a discount to SiriusXM stock directly, allowing Buffett to buy SiriusXM exposure for less.

SiriusXM has resilient revenues from subscriptions, room for subscriber growth, and invests in exclusive content and new technologies.

SiriusXM trades at just 11x forward earnings, presenting substantial upside for patient investors.

The merger of Liberty and SiriusXM means Liberty holders will receive SiriusXM shares at a set ratio, making future performance dependent on SiriusXM.