Warren Buffett Just Added $94 Million to This Long-Time Holding That's Up More Than 325% Since He First Bought Shares

Warren Buffett hasn't seen a lot to like in the stock market for some time now. The Berkshire Hathaway CEO has sold more equities from the conglomerate's investment portfolio than he's added to it in each of the last eight quarters. The selling accelerated in 2024, totaling $133 billion through the first nine months of the year. We'll get the full-year update next month.One of the biggest challenges Buffett faces is that the massive size of Berkshire Hathaway's portfolio limits his investable universe. He can't make meaningful investments in small-cap companies -- the amounts involved wouldn't move the needle for Berkshire much even if such a stock took off. And since the biggest companies, where Berkshire could potentially deploy the most capital, have also become some of the most expensive from a valuation standpoint lately, Buffett doesn't have a lot of tempting options. But his latest Securities and Exchange Commission disclosure shows he's found a place to invest nearly $100 million more of Berkshire's cash.Buffett first invested in Verisign (NASDAQ: VRSN) in 2012, and at the time of this writing, the shares have gone on to increase by at least 325% since then. He continued to buy shares in 2013 and 2014, but it has been more than 10 years since he added to the position. Here's why he's coming back to Verisign now.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool