Buffetts IBM Stake Plunges $900M on Abandoned Forecast

The video covers IBM's investment loss due to its shift to cloud computing, Abbey's withdrawal from a deal with Shire and subsequent financial strategies, and the tragic jet crash that claimed the life of Total's CEO Christophe de Margerie.

What was the main reason for the decline in IBM's share value?

• A successful merger

• A shift towards cloud computing

• A new product launch

• An increase in competition

Why did Abbey decide to cancel its planned inversion with Shire?

• Because of proposed changes in US rules

• As a result of financial losses

• Owing to a successful merger with another company

• Due to a change in leadership

What financial actions did Abbey take following the cancellation of the deal with Shire?

• Invested in a new technology

• Announced a $5 billion share buyback and increased dividend

• Merged with another company

• Launched a new product line

What caused the plane crash that resulted in the death of Total's CEO?

• Engine failure

• Bad weather conditions

• Collision with a snow plow

• Pilot error

What was the condition of the snow plow driver involved in the crash?

• Asleep

• Intoxicated

• Distracted

• Inexperienced