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Warren Buffett's Berkshire Hathaway discloses several changes to its portfolio, including a...

Warren Buffett's Berkshire Hathaway discloses several changes to its portfolio, including a stake in Deere & Co. (DE) and selling off 5.3M shares of CVS Caremark (CVS). Firm also added to its existing investments in: Wells Fargo (WFC), Bank of New York Mellon Corp. (BK), General Motors (GM), DirecTV (DTV), DaVita (DVA), National Oilwell Varco (NOV) and Viacom (VIAB). It reduced stakes in: Johnson & Johnson (JNJ), Kraft Foods (KRFT), Lee Enterprises (LEE), Procter & Gamble (PG) and US Bancorp (USB). (13-F)
Comments (3)
  • Ntdunb
    , contributor
    Comments (22) | Send Message
     
    I on understand why he would sell jnj, he likes transparent company's maybe recalls made him mad.
    14 Nov 2012, 09:50 PM Reply Like
  • erictoneil
    , contributor
    Comments (23) | Send Message
     
    Would have loved to see Buffett spin off KRFT towards MDLZ. I am interested to know why add to WFC, I have heard Basel III implementation could really hurt the company's mortgage lendings.
    15 Nov 2012, 01:43 AM Reply Like
  • BlueOkie
    , contributor
    Comments (5016) | Send Message
     
    This was done prior to Obama reelection. Maybe Buffett thought Mitt was going to win.
    15 Nov 2012, 07:04 AM Reply Like
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