Investing Legend Warren Buffett Sold 45% of Berkshire Hathaway's Bank of America Stake and Bought Shares of This Consumer Favorite for 5 Consecutive Quarters Before Retiring

For decades, few investors captivated the attention of professional and everyday investors quite like Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) billionaire boss, Warren Buffett. During his roughly six-decade tenure at the helm, the Oracle of Omaha oversaw a nearly 6,100,000% cumulative return in Berkshire's Class A shares (BRK.A). Practically doubling the annualized total return, including dividends, of the benchmark S&P 500 since the mid-1960s made him an instant hit with investors.While Warren Buffett remains the chairman of Berkshire's board, he officially stepped down from the CEO role at the end of 2025 and handed the baton to his predetermined successor, Greg Abel.But just because he's no longer overseeing his trillion-dollar company's day-to-day operations, it doesn't mean Buffett stopped making moves to position Berkshire Hathaway for success before he retired.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool