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Barchart
Patrick Sanders

Warren Buffett Just Dumped the Last of His BYD Stock. Should You Give Up, Too?

Warren Buffett’s Berkshire Hathaway (BRK.A) (BRK.B) portfolio is one of the most closely watched on Wall Street. The Oracle of Omaha is a master of buy-and-hold investing, and over his 60-year tenure, he transformed the struggling textile company into a powerhouse conglomerate with a market capitalization of more than $1 trillion.

Under Buffett’s leadership, Berkshire owns positions in dozens of stocks—and what he invests in matters. When Berkshire Hathaway disclosed taking a new position in UnitedHealth Group (UNH) in August, picking up 5.04 million shares as part of its $1.5 billion stake, UnitedHealth shares rocketed higher. The insurance company was the best-performing stock in the Dow Jones Industrial Average in August.

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