29.11.2024 11:06:00

Warren Buffett's New Favorite Stock, Which Has Soared Over 7,400% Since Its IPO, Is Being Dumped by 8 Billionaire Money Managers

There's a reason Warren Buffett is the most-followed billionaire money manager on Wall Street. Since becoming CEO of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) in the mid-1960s, the appropriately named "Oracle of Omaha" has overseen a scorching-hot aggregate return that surpassed 5,800,000%, as of the closing bell on Nov. 26.Given Buffett's fairly consistent outperformance of the benchmark S&P 500, both professional and everyday investors wait on pins and needles to see which stocks he's been buying and selling. This can be done with relative ease thanks to the quarterly filing of Form 13F with the Securities and Exchange Commission.Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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