Berkshire Hathaway Now Owns 27 Million Shares of This Stock. Should You Follow Warren Buffett's Lead?
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) sold off several stock positions during the second quarter, but Chubb (NYSE: CB) was one of the few stocks that Warren Buffett and his team kept accumulating, adding another 1.1 million shares in the second quarter.
This marks the fourth consecutive quarter that Berkshire added shares of the global insurer to its portfolio. The conglomerate now owns 27 million shares, or $7.4 billion in Chubb stock. Here's why it could be wise for investors to follow Buffett's lead today.
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Source Fool.com
Berkshire Hathaway Inc. A Stock
€629,500
0.320%
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