Reported about 2 months ago
Warren Buffett has consistently purchased shares of Berkshire Hathaway for 24 consecutive quarters, highlighting his long-term commitment to his own company despite recent net-selling activities in his portfolio. His aggressive buyback strategy, made possible by a hefty cash reserve, aims to increase the ownership stakes of existing shareholders and boost earnings per share. This marks a significant deviation from Buffett's historical investment principles, primarily seeing an increase in investment in the oil sector through Occidental Petroleum.
Source: YAHOO