If you can't beat 'em, join 'em.
It's not surprising that mimicking Warren Buffett's moves over the years would leave you well ahead of the pack. That's why it's great news that as an elephant-sized investment vehicle, Buffett's Berkshire Hathaway
What's Buffett been up to lately? Unfortunately, Berkshire still hasn't made a run for American Express
Other notable moves include scaling back Berkshire's Anheuser-Busch
On the addition side, Berkshire added to its existing stake in Ingersoll-Rand
One notable point: The purchases mentioned are only those for which Berkshire's stake is large enough to require disclosure. The three stocks mentioned cost Berkshire only a fraction of the nearly $4 billion it spent buying equities during the quarter. Intrigued? You should be, because that means Buffett spent billions in the last three months buying small amounts of unnamed stocks. That gets me fired up, because it's essentially a testament that Buffett is finding opportunity in today's crazy market.
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