The move comes after a 2022 shareholder letter in which Buffett and Berkshire Hathaway Vice Chairman Charlie Munger said they found little about large deals that 'excites' them.
The billionaire investor has referred to the company as one of Berkshire Hathaway's largest businesses, third only to its insurance and railroad interests.
Taking advantage of this strategy, used by one of the world's most successful investors, could lead you to major profit in an area you may be overlooking.
Warren Buffett and Elon Musk are decorated businessmen and investors. Warren Buffett shares his strategy for investing, and Elon Musk executes on his while feeding into the social media hype.
As the federal government continues to distribute stimulus payments to Americans, the billionaire investor strongly urges recipients to spend it one certain way.
Whole Foods CEO and cofounder John Mackey and his team approached Buffett about a buyout, but the billionaire investor and head of Berkshire Hathaway said it wouldn't be a good fit.
Tesla stock, of which Musk is the largest holder, continues to hit record highs. Buffett, meanwhile, donated almost $3 billion of Berkshire Hathaway stock, causing his riches to shrink.
The billionaire investor's conglomerate counts Delta, Southwest, United, and American among its 25 biggest holdings, and owns more than 8% of all four companies.