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Ebube Jones

Warren Buffett Dumped This Fintech Stock. Should You?

Warren Buffett Nu Holdings NU Mexico

Warren Buffett completely sold his stake in Nu Holdings (NU) in the first quarter of 2025, netting his conglomerate Berkshire Hathaway (BRK.B) about $250 million in profit.

The recent sale was highlighted in Berkshire’s latest 13F filing, coinciding with the IMF’s decision to lower its growth forecast for Latin America to 2% for 2025. This adjustment is due to decreased activity in Mexico and escalating trade tensions, factors that could potentially put pressure on banks in the region.

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