Warren Buffett, Berkshire Hathaway
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Warren Buffett has cashed in a net $177 billion of stocks because he expects a downturn and plans to capitalize, Wedbush's Paul Dietrich said.
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Barchart on MSNWarren Buffett Urges Investors to Fix Errors, Even If ‘Scoring Touchdowns is More Exhilarating Than Recovering One’s Fumbles’
Warren Buffett emphasizes that while achieving success is exciting, effectively correcting mistakes when they occur is equally critical for businesses.
The health insurer has been facing multiple headwinds this year and a turnaround may not happen quick for the stock.
Berkshire Hathaway’s portfolio added six new stocks, including the three new secret stocks. Warren Buffett was a net seller of stocks for the eleventh straight quarter.
The conglomerate sold Apple shares during the second quarter, though the iPhone maker remains Berkshire’s largest stockholding.
Like Amazon CEO Andy Jassy, keeping a positive attitude helps the Warren Buffett-backed leader stay motivated toward success.
Berkshire Hathaway recently filed its second-quarter 13F form, revealing its stock holdings at the end of June.
Buffett owned UnitedHealth shares before selling his stake in 2010, though his Berkshire Hathaway recently acquired shares.