Did Warren Buffett Use Berkshire Hathaway's $334 Billion in Cash to Buy His Favorite Stock? We're About to Find Out...
The Oracle of Omaha has purchased almost $78 billion worth of his favorite stock since July 2018.
There aren't many (if any) money managers who garner as much attention from investors as Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett. The dubbed "Oracle of Omaha" has earned his praise after overseeing a greater than 6,475,000% cumulative return in his company's Class A shares (BRK.A) since becoming CEO six decades ago.
Riding Buffett's coattails and mirroring his trading activity has been a surefire investment strategy over long periods. Perusing quarterly filed Form 13Fs provides a way for investors to comb over which stocks Buffett and his top advisors, Todd Combs and Ted Weschler, have been buying and selling.
Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.
