> Warren Buffett Blog

Wednesday, February 20, 2019

Warren Buffett buys more shares in GM, JPMorgan, US Bank and Bank of New York Mellon

Buffett’s company increased its stake in General Motors by more than 20 million shares to 93.2 million shares.

Berkshire also increased its investments in financial companies JP Morgan Chase (additional 14.5 million shares), Bank of America(additional 19.8 million shares), and US Bancorp.

Tuesday, February 19, 2019

Warren Buffett dumps Oracle shares

Warren Buffett's Berkshire Hathaway has sold its entire $2 billion stake in Oracle after holding the investment for just one quarter. A recent regulatory filing by Berkshire Hathaway revealed that it sold over 41 million shares in the software company in late 2018. The stake was worth over $2 billion when first disclosed in November 2018.

It's not clear whether the Oracle investment was made by Buffett or his portfolio managers, Todd Combs and Ted Weschler. Berkshire Hathaway typically holds its investments over much longer periods of time.

The Oracle investment was notable because Buffett had historically tended to be cautious about investing in technology stocks.

Wednesday, January 30, 2019

What Warren Buffett thinks of Diversifying an investment portfolio

"Diversification is a protection against ignorance. But there is nothing wrong with diversification........."