Warren Buffett Just Put $9 Billion Into This Stock
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) issued its third-quarter earnings report recently, and for the most part, there weren't too many big surprises. For example, the company's earnings were up because of strong stock performance, Berkshire's operating businesses are generally performing well, and while the company's cash hoard declined a bit, it wasn't by a huge amount.
Generally speaking, we don't get a glimpse of what stocks Berkshire is buying or selling until it files its latest 13-F with the SEC, which isn't due to happen for a few days (it is required 45 days after the end of the quarter, which means we'll see it by Nov. 14).
But we did find out one stock purchase Berkshire made during the third quarter: Berkshire Hathaway. And it bought a lot of it.
Source Fool.com
