Billionaire Warren Buffett Sold 26% of Berkshire's Stake in Bank of America and Is Piling Into a Financial Juggernaut That's Soared 33,000% Since Its IPO

There's arguably not a money manager on Wall Street who commands the attention of investors quite like Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) billionaire CEO, Warren Buffett. Although other billionaire money managers might outpace Buffett's annual return from time to time, the greater than 5,500,000% cumulative return the Oracle of Omaha has overseen in his company's Class A shares (BRK.A) since taking over as CEO in the mid-1960s speaks for itself.Given Buffett's long-term success, it's not uncommon for investors to want to mirror his trading activity. Thanks to Form 13F filings with the Securities and Exchange Commission (SEC), this can be done with relative ease. A 13F is a required filing for institutional investors with at least $100 million in assets under management that provides a snapshot of which stocks these top-tier money managers purchased and sold in the latest quarter.Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool