Buffett Books Profits On Short-Term Trades In Q2

Berkshire Hathaway made some interesting changes to its giant equity portfolio in the second quarter of 2023, giving us an insight into the sectors and industries its managers believe are cheap (or at least undervalued). Investors and analysts often confuse the moves Berkshire makes as an indication of the views of the conglomerate’s legendary CEO, Warren Buffett. However, while the billionaire has been known to instruct all investment decisions, for some years now he has delegated decisions under $1 billion to his portfolio managers, Todd Combs and Ted Weschler. Q2 2023 hedge fund letters, conferences and more That’s not to…