What Berkshire Hathaway’s Latest Filing Tells Us About Warren Buffett’s View on Stocks

Barrons2021-05-18

Warren Buffett likes to say his preferred holding period for businesses is forever, but when it comes to stocks, he is more willing to trade. Berkshire Hathaway (ticker: BRK.A, BRK.B) disclosed on ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

PengsieX
2021-05-19
PengsieX
We go where he goes... Or is it no longer the case...
PSFund
2021-05-19
PSFund
Woa those are huge changes indeed!
50160107Acct
2021-05-19
50160107Acct
Buy
hmmwvms
2021-05-19
hmmwvms
Follow
stormlee
2021-05-19
stormlee
Comment & like pls
- stormlee:
  ?
- Yeong:
  Pls like
T2C
2021-05-19
T2C
Huh

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1102820235?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-05-18 23:11","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1102820235","market":"us","top_or_hot":-1,"title":"What Berkshire Hathaway’s Latest Filing Tells Us About Warren Buffett’s View on Stocks","media":"Barrons","content":"<div>\n<p>Warren Buffett likes to say his preferred holding period for businesses is forever, but when it comes to stocks, he is more willing to trade.\nBerkshire Hathaway (ticker: BRK.A, BRK.B) disclosed on ...</p>\n\n<a href=\"https://www.barrons.com/articles/what-berkshire-hathaways-latest-filing-tells-us-about-warren-buffetts-view-on-stocks-51621350033?mod=RTA\">Source Link</a>\n\n</div>\n","source":"lsy1601382232898","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Berkshire Hathaway’s Latest Filing Tells Us About Warren Buffett’s View on Stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Berkshire Hathaway’s Latest Filing Tells Us About Warren Buffett’s View on Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-18 23:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/what-berkshire-hathaways-latest-filing-tells-us-about-warren-buffetts-view-on-stocks-51621350033?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Warren Buffett likes to say his preferred holding period for businesses is forever, but when it comes to stocks, he is more willing to trade.\nBerkshire Hathaway (ticker: BRK.A, BRK.B) disclosed on ...</p>\n\n<a href=\"https://www.barrons.com/articles/what-berkshire-hathaways-latest-filing-tells-us-about-warren-buffetts-view-on-stocks-51621350033?mod=RTA\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WFC","symbol_name":"富国银行","start_time":0,"source_url":"https://www.barrons.com/articles/what-berkshire-hathaways-latest-filing-tells-us-about-warren-buffetts-view-on-stocks-51621350033?mod=RTA","article_id":"1102820235","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1102820235","pubTimestamp":1621350672,"columns":[],"sourceInfo":{"source_id":"lsy1601382232898","name":"Barrons"},"weMediaInfo":null,"summary":"Warren Buffett likes to say his preferred holding period for businesses is forever, but when it come","collect":0,"end_time":0,"defaultTopTitle":"barrons.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"WFC":"富国银行","BRK.B":"伯克希尔B",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","BRK.A":"伯克希尔",".SPX":"S&P 500 Index","AAPL":"苹果"},"translate_title":"伯克希尔B的最新申报文件告诉我们沃伦巴菲特的股票观点","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"AAPL":0.9,"BRK.A":0.9,"BRK.B":0.9,"WFC":0.9},"content_text":"Warren Buffett likes to say his preferred holding period for businesses is forever, but when it comes to stocks, he is more willing to trade.\nBerkshire Hathaway (ticker: BRK.A, BRK.B) disclosed on Monday that it had largely eliminated its remaining holding in Wells Fargo (WFC), cut back its stake in Chevron (CVX) by more than 50%, to 23.7 million shares, and reduced an investment in Merck (MRK) by 37%, to 17.9 million shares, according to itsquarterly 13-F filing.\nThe Chevron sale is notable because Berkshire accumulated a position of 48.5 million shares relatively recently, in the second half of 2020, making Chevron Berkshire’s second largest new equity investment of the year, behind only Verizon Communications (VZ). The Merck holding also was accumulated in 2020.\nBerkshire was even granted confidentiality by the Securities and Exchange Commission and didn’t have to disclose its Chevron holding at the end of the third quarter as Berkshire was building its position.\nThere was little or no change in most of Berkshire’s equity portfolio, totaling almost $300 billion, which is overseen by CEO Buffett. He has not been enamored of stocks, preferring to use Berkshire’s ample cash flow to repurchase Berkshire shares.\nThe company was a net seller of $4 billion of stocks in the first quarter,according to its 10-Q report. Its only sizable new purchase was nearly $1 billion ofAon(AON), the insurance broker. Berkshire was a net seller of $8 billion of stocks in 2020, while it bought back almost $25 billion of its own shares.\nThere also had been speculation that an institutional buyer had been accumulating Berkshire’s supervoting class A stock in the first quarter, given the elevated volume in shares that typically trade lightly. But no large buyer was evident in the 13-F filings.\nCEO Buffett defended the Chevron investment at Berkshire’s annual meeting on May 1. Many socially responsible investors are uncomfortable owning companies that produce fossil fuels.\n“Chevron is not an evil company in the least,”Buffett told shareholders. “And I have no compunction about owning -- in the least about owning Chevron. And if we own the entire business, I would not feel uncomfortable about being in that business.”\nBerkshire probably realized a nice profit on its Chevron holding. The stock rallied in the first quarter to $105, from $85, compared with Berkshire’s cost of $83 a share.\nLast year, Berkshire steadily reduced its formerly large holding in Wells Fargo that had totaled 345 million shares at the end of 2019.\nBuffett was a longtime fan of Wells Fargo and Berkshire had held the bank’s stock for 30 years. Berkshire sold down its stake to just 675,000 shares on March 31 from about 52 million at year-end 2020.\nWells Fargo has been one of several sales by Berkshire of bank stocks in recent quarters as it unloaded holdings of JPMorgan Chase (JPM) and Goldman Sachs Group (GS) in 2020. Its largest bank position is now a billion-share holding in Bank of America (BAC) worth over $40 billion.\nIn selling the banks, Berkshire has missed out on big gains as the sector has rallied, probably leaving more than $10 billion on the table,Barron’sestimates. Wells Fargo shares have more than doubled since early November to $47.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":194571767,"gmtCreate":1621389512559,"gmtModify":1704356824102,"author":{"id":"3578047933589423","authorId":"3578047933589423","name":"PengsieX","avatar":"https://static.tigerbbs.com/ebe92821eba3b91a6431d698b66bbed5","vip":2,"hat":"https://static.tigerbbs.com/f84859c65fc2d7681e28f6b8e9b0535a","crmLevel":4,"crmLevelSwitch":0,"idStr":"3578047933589423","authorIdStr":"3578047933589423"},"htmlText":"We go where he goes... Or is it no longer the case...","listText":"We go where he goes... Or is it no longer the case...","text":"We go where he goes... Or is it no longer the case...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/194571767","repostId":1102820235,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":194231699,"gmtCreate":1621381761511,"gmtModify":1704356598308,"author":{"id":"3581720614399200","authorId":"3581720614399200","name":"PSFund","avatar":"https://static.tigerbbs.com/0ef339918e26708070f76eb849ca6534","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581720614399200","authorIdStr":"3581720614399200"},"htmlText":"Woa those are huge changes indeed!&nbsp;","listText":"Woa those are huge changes indeed!&nbsp;","text":"Woa those are huge changes indeed!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/194231699","repostId":1102820235,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":194645232,"gmtCreate":1621380212526,"gmtModify":1704356549452,"author":{"id":"3582706615498692","authorId":"3582706615498692","name":"50160107Acct","avatar":"https://static.tigerbbs.com/6be9d18c4a63434e372aa39f7de3ec12","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582706615498692","authorIdStr":"3582706615498692"},"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/194645232","repostId":1102820235,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":194646256,"gmtCreate":1621380137075,"gmtModify":1704356547020,"author":{"id":"3578570760040163","authorId":"3578570760040163","name":"hmmwvms","avatar":"https://static.tigerbbs.com/a906b2444a1aca7cd161a6e1ee03687e","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3578570760040163","authorIdStr":"3578570760040163"},"htmlText":"Follow","listText":"Follow","text":"Follow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/194646256","repostId":1102820235,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":194653639,"gmtCreate":1621379572421,"gmtModify":1704356527647,"author":{"id":"3571959390768435","authorId":"3571959390768435","name":"stormlee","avatar":"https://static.tigerbbs.com/80629ef9648273c0d6465aee66dbd98a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3571959390768435","authorIdStr":"3571959390768435"},"htmlText":"Comment &amp; like pls","listText":"Comment &amp; like pls","text":"Comment & like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/194653639","repostId":1102820235,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4394712,"gmtCreate":1621552433193,"gmtModify":1680789995164,"authorId":3571959390768435,"author":{"id":3571959390768435,"idStr":"3571959390768435","authorId":3571959390768435,"name":"stormlee","avatar":"https://static.tigerbbs.com/80629ef9648273c0d6465aee66dbd98a","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.10.07","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":194653639,"type":1,"supId":4371137,"prevId":0,"content":"?","text":"?","html":"?"},{"id":4371137,"gmtCreate":1621380556994,"gmtModify":1680789566807,"authorId":3570864790458781,"author":{"id":3570864790458781,"idStr":"3570864790458781","authorId":3570864790458781,"name":"Yeong","avatar":"https://static.tigerbbs.com/93092185d223c6e53fcfd64303836612","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.03.23","exceedPercentage":"80.82%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":3,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":194653639,"type":1,"supId":0,"prevId":0,"content":"Pls <u>like</u>","text":"Pls <u>like</u>","html":"Pls <u>like</u>"}],"langContent":"EN"},{"id":194667162,"gmtCreate":1621378784356,"gmtModify":1704356509834,"author":{"id":"3576917742134919","authorId":"3576917742134919","name":"T2C","avatar":"https://static.itradeup.com/news/bc988e20e446d98ea284e01ce997a013","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3576917742134919","authorIdStr":"3576917742134919"},"htmlText":"Huh","listText":"Huh","text":"Huh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/194667162","repostId":1102820235,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":88,"commentSize":16,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1102820235"}