Buffett is highly invested in China w/ Musk's competitors.
"Warren Buffett-backed BYD and Elon Musk's Tesla are both involved in the electric vehicle (EV) market, and have faced off against each other in recent years. BYD is China's top car brand and the world's top EV manufacturer. Musk has said that Chinese aut…
Buffett is highly invested in China w/ Musk's competitors.
"Warren Buffett-backed BYD and Elon Musk's Tesla are both involved in the electric vehicle (EV) market, and have faced off against each other in recent years. BYD is China's top car brand and the world's top EV manufacturer. Musk has said that Chinese automakers could "demolish" other companies if trade barriers aren't established."
"Tesla (TSLA) losses mounted to more than 3% after news that the company's electric-vehicle sales in China dropped 11.5% in January, according to the latest data from the China Passenger Car Association. Tesla stock is now more than 9% below its 10-week moving average.2 days ago."
In the third quarter of 2024, Buffett's Berkshire further slashed its massive Apple (AAPL) stake by 25%, leaving it with 300 million shares in the iPhone maker. Berkshire Hathaway also sold Bank of America (BAC), another major holding, among other key Q3 stock trades.
In Q4 2024, Berkshire Hathaway continued to sell Bank of America stock; hiked its stake in Sirius XM (SIRI); and bought shares of Occidental Petroleum (OXY) and VeriSign (VRSN), an internet domain-name registry company. Berkshire continues to buy Siri stock in the current quarter, filings showed Tuesday.
More details about Berkshire's Q4 stock buys and sells will come in a 13F filing in mid February.
Stocks
As of February 2025, these are the top stocks in Berkshire's portfolio by number of shares, based on 13F and other regulatory filings tracked whalewisdom.com:
Bank of America (BAC), 766.3 million
Coca-Cola (KO), 400 million
Kraft Heinz (KHC), 325.6 million
Apple (AAPL), 300 million
Occidental Petroleum (OXY), 264.3 million
American Express (AXP), 151.6 million
Chevron (CVX), 118.6 million
SiriusXM (SIRI), 117.5 million
Nu Holdings (NU), 86.4 million
Citigroup (C), 55.2 million
All told, Buffett and his investment team oversee around 50 stocks in Berkshire's equity portfolio, which is valued at more than $300 billion.
Have to know what he sold.
Buffett is highly invested in China w/ Musk's competitors.
"Warren Buffett-backed BYD and Elon Musk's Tesla are both involved in the electric vehicle (EV) market, and have faced off against each other in recent years. BYD is China's top car brand and the world's top EV manufacturer. Musk has said that Chinese automakers could "demolish" other companies if trade barriers aren't established."
"Tesla (TSLA) losses mounted to more than 3% after news that the company's electric-vehicle sales in China dropped 11.5% in January, according to the latest data from the China Passenger Car Association. Tesla stock is now more than 9% below its 10-week moving average.2 days ago."
"BYD Shares Soar 21% This Week as Traders Await Autopilot Update" https://www.bloomberg.com/news/articles/2025-02-07/byd-shares-soar-20-this-week-as-traders-await-autopilot-update?embedded-checkout=true
My wife did some google research informed me that was old (Nov 24) NEWS.
I know about the drop in Tesla sales, world wide, more so in Europe than here, but that doesn't seem to have affect Musk much.
In the third quarter of 2024, Buffett's Berkshire further slashed its massive Apple (AAPL) stake by 25%, leaving it with 300 million shares in the iPhone maker. Berkshire Hathaway also sold Bank of America (BAC), another major holding, among other key Q3 stock trades.
In Q4 2024, Berkshire Hathaway continued to sell Bank of America stock; hiked its stake in Sirius XM (SIRI); and bought shares of Occidental Petroleum (OXY) and VeriSign (VRSN), an internet domain-name registry company. Berkshire continues to buy Siri stock in the current quarter, filings showed Tuesday.
More details about Berkshire's Q4 stock buys and sells will come in a 13F filing in mid February.
Stocks
As of February 2025, these are the top stocks in Berkshire's portfolio by number of shares, based on 13F and other regulatory filings tracked whalewisdom.com:
Bank of America (BAC), 766.3 million
Coca-Cola (KO), 400 million
Kraft Heinz (KHC), 325.6 million
Apple (AAPL), 300 million
Occidental Petroleum (OXY), 264.3 million
American Express (AXP), 151.6 million
Chevron (CVX), 118.6 million
SiriusXM (SIRI), 117.5 million
Nu Holdings (NU), 86.4 million
Citigroup (C), 55.2 million
All told, Buffett and his investment team oversee around 50 stocks in Berkshire's equity portfolio, which is valued at more than $300 billion.
It seems that if one is a gambler and likes the stock market, it would be smart to follow Buffet