Despite prices that have thwarted any major deals, Buffett has found stocks he likes. He purchased $12.6 billion of equity securities on a net basis during the third quarter, the most in more than four years. A regulatory filing indicated Berkshire added billions to its stake in Bank of America in the third quarter, continuing a trend from the second quarter of adding to positions in financial stocks.

Source: Los Angeles Times November 03, 2018 20:03 UTC