Why Warren Buffett Keeps Buying Apple and Bank Stocks

Warren Buffett and his right-hand Charlie Munger seem sweet on the world’s largest company, Apple. But that’s not the only stock his company, Berkshire Hathaway, recently bought. The legendary investor also added to his positions in U.S. Bancorp, Bank of New York Mellon, and Goldman Sachs.

But Buffett didn’t just buy. Berkshire also sold some of its position in Phillips 66, Charter Communications, United Airlines, American Airlines, and Wells Fargo. Some of these sales might indicate the investor is moving away from the companies, but others are simply a part of Buffett’s plans to keep his ownership below 10% to avoid certain regulatory hurdles.

Should investors be following Warren Buffett into airline stocks, bank companies, and Apple? Industry Focus host Shannon Jones and guest Matt Frankel talk about the individual positions, and explain the importance of really digging in to 13-F filings to get the full picture.

This video was filmed on August 20th, 2018.

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Видео Why Warren Buffett Keeps Buying Apple and Bank Stocks канала The Motley Fool