Billionaire Warren Buffett Is Selling Shares of 3 Banking Giants and Has Plowed More Than $1.2 Billion Into the New Apple of His Eye

There aren't too many investors on Wall Street who garner as much attention as Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett, and the reason why is simple: He outperforms. In the roughly 60 years the Oracle of Omaha has been CEO, he's led Berkshire Hathaway's Class A shares (BRK.A) to a cumulative return of 5,864,600%, as of the closing bell on Feb. 19.Investors have also come to appreciate Buffett's candidness. His annual letter to shareholders and Berkshire's yearly meeting in Omaha provides a forum for Buffett to express his thoughts on the U.S. economy, stock market, and occasionally specific holdings in his company's investment portfolio.Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool