Berkshire, Warren Buffett and Bank of America
Digest more
Berkshire’s $259 billion 36-stock portfolio added one new stock. Warren Buffett was a net seller of stocks for the tenth straight quarter, but added to some recent buys.
Here's what Warren Buffett's conglomerate was doing in the first quarter as the market was hit with the first wave of volatility related to tariffs.
Berkshire Hathaway shares dropped 5% on Monday, 5 May, after Warren Buffett surprised investors, announcing his retirement at the AGM. The post Is this an unmissable opportunity to buy Berkshire Hathaway shares?
Doubling stakes in smaller areas: Berkshire added 1.5 million shares of Pool Corp ( POOL 1.47%), with the 145% increase in holdings being the largest for the quarter. Berkshire also doubled the allocation to Constellation Brands ( STZ 2.09%) as a likely consumer staples play.
With chairman and CEO Warren Buffett at the helm, Berkshire Hathaway's (BRK-B, BRK-A) stock has outperformed the S&P 500 (^GSPC) for the last 60 years. Yahoo Finance markets and data editor Jared Blikre — who also hosts the Stocks In Translation podcast — lays out Berkshire's holdings across each sector and how these allocations stack up to the S&P 500.
Billionaire Warren Buffett plans to attend, but not take questions, at next year’s Berkshire Hathaway shareholder meeting — a big change following his recent surprise retirement announcement.