Billionaire Warren Buffett Sold 41% of Berkshire's Stake in Bank of America and Has Piled Into a Cheap Legal Monopoly in 3 of the Last 4 Quarters

For the better part of six decades, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has been crushing Wall Street's benchmark index, the S&P 500, in the return column. As of midday on Sept. 26, he'd overseen a return for his company's Class A shares (BRK.A) that exceeds 6,080,000% on a cumulative basis over 60 years, which is about 137 times greater than the total return, including dividends, of the S&P 500 over the same timeline.Delivering a nearly 20% annualized return has earned the Oracle of Omaha an extensive following. Some investors even choose to ride his coattails and mirror his trading activity. This can be done thanks to quarterly Form 13F filings and occasional Form 4 filings.A 13F is a required filing no later than 45 calendar days following the end to a quarter for institutional investors with at least $100 million in assets under management. It spills the beans on which stocks, exchange-traded funds, and select options Wall Street's savviest money managers purchased and sold in the latest quarter.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool