Why did Buffett liquidate dividend stocks JNJ & PG?
@NAI500:
Since Buffett acquired $Berkshire Hathaway(BRK.B)$ $Berkshire Hathaway(BRK.A)$ in 1965, the holding company has grown at an average annual rate of 19.8%. The company's position report shows Buffett liquidated two dividend stocks, $Johnson & Johnson(JNJ)$ $Procter & Gamble(PG)$ during the third quarter.These two dividend stocks have raised their dividends for more than 60 years in a row, and there's nothing wrong with current company fundamentals. So why did Buffett choose this moment to exit J&J and P&G altogether?1.Johnson & JohnsonBuffett liquidated seven stocks in the third quarter, but the biggest