Warren Buffett Is Buying Shares of This Legal Monopoly Hand Over Fist

When billionaire Warren Buffett speaks, Wall Street tends to pay very close attention. In his nearly six decades as CEO of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), he's overseen close to a 5,600,000% cumulative return in his company's Class A shares (BRK.A). Few money managers have been able to consistently outpace the benchmark S&P 500 (SNPINDEX: ^GSPC) quite like Buffett.Though riding the Oracle of Omaha's coattails has been a profitable venture for decades, we've witnessed a discernable shift in Buffett's investing habits over the last two years. Although he's been a decisive seller of equities of late, there is one stock Berkshire's chief can't stop adding to his company's 43-stock, $318 billion portfolio.Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool