Apple, Warren Buffett and Berkshire
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.
Warren Buffett has requested confidentiality in a new Berkshire Hathaway position. Will investors find out the stock Thursday?
Berkshire Hathaway is expected to reveal its mystery stock investment in its 13-F filing on Thursday. Here’s what to expect from the conglomerate on Aug. 14.
However, Buffett has a keen eye for value and he never wants to overpay for a stock -- not even his own. Berkshire is currently trading at a price-to-sales ratio (P/S) of 2.5, which is a huge 25% premium to its 10-year average of 2.