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What Does Warren Buffett Think of Berkshire Stock? Earnings Will Offer a Clue.
Warren Buffett went on a buying spree in the stock market during the first quarter, when Berkshire Hathaway purchased $51 billion of equities, a quarterly record for the company. Investors will be interested to see if Berkshire Hathaway (tickers: BRK/A, BRK/B) took advantage of the stock market’s drop in the second quarter to add to its $390 billion equity portfolio. The numbers should be available, along with details that can help investors assess the stock’s valuation, when Berkshire reports its second-quarter results on Aug. 6.
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