A government jobs report was the catalyst for another broad-based sell-off on Wall Street to close out an already volatile week. The data suggested the Federal Reserve will continue to increase interest rates to get runaway inflation under control. With that as a backdrop, a number of consumer-facing stocks took it on the chin today. Read More...
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These 2 Stocks Make Up 52% of Warren Buffett’s $325 Billion Portfolio
Few people command the attention of Wall Street professionals and everyday investors quite like billionaire Warren Buffett. Since taking the reins of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) in 1965, the Oracle of Omaha, as he’s come to be known, has created more than $615 billion in value for shareholders and generated an aggregate return on his company’s Class A shares (BRK.A) of 3,641,613%. In other words, there’s plenty of reason for Wall Street and investors to pay attention to what Buffett is buying, selling, and holding.
