Why Did Buffett Sell Shares of These 8 Stocks in the Fourth Quarter?
Few investors on Wall Street are more revered than Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett. While Buffett's investing strategy is relatively simple, buying and holding great companies for long periods of time has worked out very well for the Oracle of Omaha. In fact, Buffett's investing prowess is so well-known that some investors mirror his buying and selling activity.
There's arguably not a more exciting event each quarter than when Berkshire Hathaway files its 13F with the Securities and Exchange Commission. Form 13F is a requirement for companies with more than $100 million in assets under management, and it allows investors to see what the brightest minds on Wall Street have been up to over the previous quarter. On Friday, Feb. 14, Berkshire Hathaway filed its 13F, which ultimately disclosed a very active quarter for Buffett and his team.
Berkshire Hathaway CEO Warren Buffett at his company's annual shareholder meeting. Image source: The Motley Fool.
Source Fool.com
