For eleventh consecutive trimester, it reduced positions for variable income. In turn, it was known that it sold US $ 3,800 million kraft-heinz.
After the announcement of Warren Buffett’s departure, Berkshire Hathaway announced that it reduced its 59% benefits in the last quarteraccording to your last presentation. It was also known that the sale of US $ 3,800 million of Kraft Heinz shares was ordered. In this way andA almost 3 years of increasing cash and exits from emblematic companies accumulate.
In particular, Kraft Heinz does not cross his best moment due to inflation and changes in consumer preference. But the position in this company was important for Berkshire Hathaway.
At this time, It is speculated with the possibility of dividing the company, despite unifying only 10 years ago (By mediation of Berkshire, which is the main shareholder). In the last 11 quarters (almost three years), Berkshire Hathaway reduced its benefits, sold actions and accumulated cash.
Warren Buffet’s tactical movements
According to reuters estimates, Berkshire Hathaway progressively triplicate its liquid or almost liquid reserves, going from US $ 128,000 million to the end of 2022 to US $ 344,000 million who scored in the second quarter of this year.
Buffett’s success happened through successive conservative purchases in consolidated companies with solid business plans. The company’s assets amounts to au $ s1.16 billion (Little less than Türkiye’s GDP) and only in six months will pass at the hands of Greg Abel After Buffett announced his final withdrawal from the company.
Although in decline, Wall Street remains very attentive to Berkshire’s movements. It has significant actions in heavyweights of different industries such as Apple, American Express, Coca-Cola, Chevron or Bank of America.
Source: Ambito
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