The co-portfolio manager at Heartland Advisors urges investors to shut out Wall Street's hype on AI and look for companies that can use its technology as costs come down.
American Express is the last remaining credit card stock in Berkshire's portfolio. The New York Times Company is bucking the trend of the struggling newspaper industry.
Berkshire's latest purchases were made last Thursday and Friday. Lennar stock fell almost 7% Monday after the publication of a negative report on the company.
Of the 29 stocks in the Berkshire Hathaway portfolio, 26 of them pay dividends. There are some solid dividend stocks in the group, including Coca-Cola.
Maybe it is because Warren Buffett stepped down as CEO of Berkshire Hathaway (NYSE: BRK-B | BRK-B Price Prediction) at the end of last year. Maybe his replacement, Greg Abel, is not up to the job.
Berkshire Hathaway and Occidental Petroleum have been working together for years. Oxy selling Berkshire its chemicals business is likely to be a win for both companies in the long term.
Frank Fitzpatrick bought Berkshire Hathaway shares for $40 each, watched them double, sold too soon, and then did something most investors never find the courage to do.
Greg Abel pruned a bunch of the smaller consumer goods positions that Warren Buffett acquired while he was in charge. The fact that Berkshire Hathaway is holding only a small number of these names makes this continued bullishness all the more meaningful.