Every quarter, large money-managers have to disclose what they've bought and sold via 13F filings. While Fools don't always (or even usually) follow what the big money does, we can often glean an idea or two by tracing their footsteps.
Over the past couple of years, Berkshire Hathaway (BRK.A -0.30%) (BRK.B -0.26%) CEO Warren Buffett has seen portfolio managers Todd Combs' and Ted Weschler's stock picks outperform his own. Based on the size of the investment -- around $520 million -- it was probably one of them that made the call to invest in Verizon Communications (VZ -0.68%) in the first quarter.
In the video below, Foolish contributor Jason Hall talks about how Verizon fits in the Berkshire portfolio and how these attributes could make it a fit for your portfolio as well. Jason also talks about how 83-year-old Buffett's efforts to plan for succession, while he's still active and involved in the company, will make Berkshire a great company to invest in long after he's no longer running the show.
