Buffett’s company, Berkshire, has started buying stocks
This is a very important signal‼️‼️‼️
Its cash reserves have fallen by $30 billion, from $390 billion last quarter to $360 billion. It has spent $30 billion.
Berkshire’s main purchases in the second quarter were:
1. Google: Bought approximately $10 billion worth.
2. Taylor Morrison: Spent approximately $6.8 billion to acquire the U.S. homebuilder.
3. Buybacks of Berkshire’s own shares: Repurchased approximately $4.5 billion in the second quarter, up from $200 million in the first quarter.
Berkshire’s top five holdings:
* Google
* American Express
* Apple
* Bank of America
* Coca-Cola
Are you guys going to follow suit?
This is a very important signal‼️‼️‼️
Its cash reserves have fallen by $30 billion, from $390 billion last quarter to $360 billion. It has spent $30 billion.
Berkshire’s main purchases in the second quarter were:
1. Google: Bought approximately $10 billion worth.
2. Taylor Morrison: Spent approximately $6.8 billion to acquire the U.S. homebuilder.
3. Buybacks of Berkshire’s own shares: Repurchased approximately $4.5 billion in the second quarter, up from $200 million in the first quarter.
Berkshire’s top five holdings:
* American Express
* Apple
* Bank of America
* Coca-Cola
Are you guys going to follow suit?