When Warren Buffett makes an investment move, people notice. Since “the Oracle of Omaha” is largely considered one of the savviest investors of all time, it’s only natural to consider emulating him.
Moneywise reported that in March, SEC filings from Berkshire Hathaway revealed the company sold its entire stake in two electronically traded funds (ETFs): the Vanguard S&P 500 ETF(VOO) and SPDR S&P 500 ETF Trust(SPY). Buffett’s company had owned these low-cost ETFs for years, so this move raised eyebrows.
