Warren Buffett Has Now Gone 16 Months Without Buying His Favorite Stock -- and the Likely Reason Why Is Frightening

Among Wall Street's most prominent money managers, Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) billionaire CEO, Warren Buffett, sits on a pedestal of his own. When you've outperformed the benchmark S&P 500 (SNPINDEX: ^GSPC) by approximately 5,738,000%, including dividends paid, over a 60-year period, you're going to draw the attention of professional and everyday investors.The investing community is particularly keen on Berkshire's Form 13F filings. This is a required filing due no later than 45 calendar days after the end of a quarter for institutional investors with at least $100 million in assets under management. Its purpose is to allow investors to see which stocks Wall Street's savviest fund managers (including Warren Buffett) are buying and selling.The grim reality investors have come to terms with of late is that the Oracle of Omaha has been doing far more selling than buying. While much of this has been outlined in Berkshire's 13Fs, these filings fail to tell the complete and frightening story about Warren Buffett's favorite stock.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool