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Buffett, magical touch on Cattolica: +17,3%

Warren Buffett's magic touch does not betray Cattolica Assicurazioni which, after the announcement of the entry into the capital of the American financier, on a depressed stock market day like yesterday's, gained 17,3% in one fell swoop

When you say magic touch. It cannot be otherwise defined that of Warren Buffett, the guru of Omaha, who transforms everything he touches into gold. He did the same with Cattolica Assicurazioni: it was enough to announce that his Berkshire Hathaway had bought 9% of the Venetian insurance company, becoming its first shareholder, to give it wings.

La Cattolica, wisely guided by CEO Alberto Minali, immediately began to run gaining 17,31% on the Stock Exchange in one fell swoop, despite yesterday's day in Piazza Affari being a very depressed day.

The market probably senses the possible transformation of Cattolica from a cooperative to a spa and is starting to position itself. When you say magic touch….

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