The Oracle of Omaha: Buffett and his recent portfolio rotation
Nicknamed the Oracle of Omaha, Warren Buffett at 92 years old, he is classified as the best investor of all time. His equity investment firm, Berkshire Hathaway, is now the sixth most valuable company in the world with a market capitalization of $682.722 trillion.
It is a benchmark for millions of investors globally, who do not lose sight of the decisions of Buffett's firm, revering its long, wise and successful trajectory in the stock markets.
That said, this week is no exception, and after the filing of its quarterly reports with the Securities and Exchange Commission (SEC), details have been revealed about some changes in Berkshire Hathaway's stock portfolio, immediately activating the alarms of its loyal followers, below, we tell you a little more.
Share Increases
Apple
He acquired approximately 333,856 shares, bringing his position to 895,136,175 shares valued at $137 billion. Buffett has stated in the past that Apple is 1 of 4 giants driving his firm's success.
Louisiana - Pacific Corp.
Invested 84 million in securities of the U.S. building materials company founded in 1973. It is estimated that he has almost 10% control of this company.
