Citigroup, Warren Buffett and Berkshire
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Warren Buffett's conglomerate recently closed its entire stake in Citi and doubled position in Constellation Brands. James Demmert disagrees.
Here's what Warren Buffett's conglomerate was doing in the first quarter as the market was hit with the first wave of volatility related to tariffs.
Berkshire Hathaway‘s most recent 13-F filing shows a strategic shift in its investment portfolio. The firm doubled its position in Constellation Brands—the US distributor of Modelo and Corona beers—while completely exiting its $1 billion stake in Citigroup Inc.
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Cryptopolitan on MSNWarren Buffett ditches crypto-friendly Nubank stock, profits $250 millionWarren Buffett has exited crypto-friendly Nubank holdings, netting $250 million in profit. The conglomerate also exited Citigroup and cut its Bank of America holdings, offloading more than $2.1 billion in financial stock.
Warren Buffett sheds C shares. Let us assess whether to follow Buffett or hold on to your investment for generating robust returns over time.