Warren Buffett’s Berkshire cuts 21st Century Fox stake, adjusts airline bets - News Summed Up

Warren Buffett’s Berkshire cuts 21st Century Fox stake, adjusts airline bets


Warren Buffett’s Berkshire Hathaway took the stake in Fox at the end of 2014. Photo: BloombergSeattle: Warren Buffett’s Berkshire Hathaway Inc. spent the first quarter fine-tuning its investments in airlines and technology companies, and retreating from 21st Century Fox Inc. In a filing on Monday detailing its stock portfolio at the end of the quarter, Berkshire no longer listed Fox. In February, he said he’d boosted Berkshire’s stake in Apple. Even as Berkshire’s stock picks are closely watched by investors, they’ve become less important to the company’s overall performance.


Source: Mint May 16, 2017 16:18 UTC



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