The Q2 Moves Warren Buffett Is Most Likely to Regret
Warren Buffett was a busy billionaire in the second quarter. He and his lieutenants made quite a few adjustments to the Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) stock portfolio, with a lot more selling going on than buying.
Most of Buffett's investing decisions in Q2 make sense. For example, buying back over $5 billion worth of Berkshire shares appears to be a smart move in view of the conglomerate's attractive valuation. Selling shares of airlines and several energy companies also seems wise in light of the new market dynamics created by the COVID-19 pandemic.
But there were some choices that he made in the quarter that don't look as sensible -- at least not for investors with long-term perspectives. I suspect that the Oracle of Omaha will come to regret two sales in particular.
Source Fool.com
