Warren Buffett’s Berkshire Hathaway (BRK-A, BRK-B) has sold its stake in several major companies, including General Motors (GM) and Johnson & Johnson (JNJ). Berkshire Hathaway’s biggest holdings remain Apple (AAPL), Bank of America (BAC), and American Express (AXP) in recent 13F filings.
Portfolio Wealth Advisors President and CIO Lee Munson joins Yahoo Finance Live to weigh in on the possible reasons for the firm’s decision to exit its positions.
Munson notes Buffett is “holding on” to investments in companies such as Bank of America due to the net profit boost a possible 2024 bond rally could bring. Munson sheds light on Buffett’s strategy which appears to be changing, insisting that “the real story is what the 13F [filing] doesn’t tell us.”
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Buffett is late on dumping the garbage and even later on buying $TSLA, him and Munger will top the list of fund managers who left the most money on the table ever.
Lol
buffet has so much money that is making money for him without him doing anything i doubt he care about tesla …
Hahahah. Says the guy with 100k in his Robinhoood account
Yeah that’s why he’s on the top 10 forbes list for half of his life.
Very astute points by Mr. Munson
Fantastic analysis on Disney.
Thanks bud for keeping us financially
Educated! Regardless of how bad it gets on the economy, I still make over $20,000 every single week.🎉🎉🎉🎉🎉🎉🎉🎉🎉
AmeliaRobert51
That’s her username✌️
This guy is intense
dis went woke. parents kept kids away. nice move.
As long as Buffett continue to drive his 2014 Cadillac we know the so called green energy sector is to be avoid.
The recent year cinematic production for disney was also lack lustre
Dude opens up saying Warren Buffett doesn’t care about sectors. Then states that Warren Buffett is crazy about energy. That’s a telltale sign right there. He has nice hair above all.
I thought Jimmy Neutron was a cartoon. But Jimmy Neutron is a real life stock broker. Learn something new every day….
0:33 Robbie Williams is looking well 😂
every country should have 13F fillings
Good point on Disney.
Basically your copycating Warren
JNJ split off many of its best brands into a separate company, so selling it makes sense. They tried to be clever with splitting off the brands to isolate themselves from litigation liability, and got caught with their pants down when the judge said “not allowed, if you are trying to avoid liability with a bankruptcy”