Where Will Sirius XM Holdings Be in 1 Year?
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Warren Buffett just retired as CEO of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), stepping away from his role as perhaps the greatest investor of all time.Yet, one of Berkshire's longer-term stock holdings, Sirius XM (NASDAQ: SIRI), has been an underperformer. The stock was most likely purchased by one of Buffett's two investing lieutenants, likely Ted Wechsler.Sirius XM is now Berkshire's 13th-largest stock holding. Although the stock has declined significantly since Berkshire initially purchased shares through the Liberty tracking stocks in 2016, Berkshire continues to hold shares and actually just added to its stake, with a 4.2% increase to the position in the third quarter.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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