Notable changes in Berkshire Hathaway’s Portfolio vs last year
Berkshire sold out of Oracle (ORCL). Warren explains why in this CNCB interview. Warren says he does not understand the cloud. An astonishing statement when you consider Berkshire is buying Amazon (AMZN) to the tune of almost $1B. My guess is Bill Gates called him up after seeing the 13-F. “Hey Warren, Oracle while showing signs of life is hardly even 5th place in cloud infrastructure. Plus AMZN is trying to kill their database business. You are always welcome to be a shareholder at Microsoft!” Warren has explained multiple times that not buying MSFT in the early days of his friendship with gates was stupidity. Today with Gates on the board of Berkshire he does not want to draw any accusations of insider trading or conflict of interests.
- Befriend Bill Gates in 1991
- Starts buying IBM stock in 2011
- Starts buying Apple in 2016
- Sells first IBM shares in 2017
- Closes out IBM in 2018
- Buys Oracle stock in 2018
- Sells Oracle stock in early 2019
- Starts buying Amazon
See our post on last years portfolio. See all positions at or above $1B in the pie chart and table below. I include Amazon even though it is under $1B. It is very close to $1b and a very noteworthy addition.
|Stock||$ value in B|