Warren Buffett's latest trades were recently revealed via the most recent Berkshire Hathaway 13F filing, which is a filing that gives us information on all of the transactions that took place over the second quarter of 2020 — the quarter ending June 30 — in the stock portfolio managed by the legendary investor. This filing can provide some valuable insight into where Warren Buffett thinks the best investments might lie.
Now, it might not make sense to piggyback on his trades and simply buy and/or sell whatever he has because these filings are generally released 45 days after the most recent quarter ended, but it would appear to be an intelligent move to investigate exactly where the most successful investor of all time is (and isn't) putting his capital to work. It's also important to note that Buffett allows two other executives – Todd Combs and Ted Weschler – to authorize smaller transactions, so it's difficult sometimes to decipher who bought and/or sold what. Nevertheless, there was one stock in particular Buffett purchased another 5.8 million shares of. It was my favorite Berkshire purchase of Q2 because I was also buying this stock.
The company has one of the best management teams in the business and has been operating extremely well throughout the pandemic. While shares have rebounded aggressively off their low, they're still WELL off their 52-week highs and currently offering a juicy yield of over 5%.
Video Length: 00:07:31
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