Warren Buffett, social media convinces investors
Digest more
Warren Buffett's Berkshire Hathaway built a $1.6 billion stake in UnitedHealth last quarter, marking one of its last wagers with the investor as CEO.
Also notice that although these are six brand-new positions, they add up to about $4 billion, significantly less than the proceeds from the Apple, Bank of America, and T-Mobile sales, which is how Berkshire was still a net seller of stocks for the quarter.
We’ll see the end of an era later this year, when investing legend Warren Buffett steps down from his leadership at Berkshire Hathaway. Over the past sixty years, Buffett’s investing strategy has turned the firm into a trillion-dollar giant,