Billionaire Warren Buffett Sold 41% of Berkshire's Stake in Bank of America and Is Piling Into a Famed Consumer Brand That's Soared 7,200% Since Its IPO

Few data releases are more exciting or valuable for the investing community than the quarterly filing of Form 13Fs with the Securities and Exchange Commission.A 13F is a required filing no later than 45 calendar days following the end to a quarter by institutional investors with at least $100 million in assets under management. In simple terms, it allows investors to look over the shoulders of Wall Street's brightest money managers to see what they've been buying and selling.No asset manager's trading activity is more closely followed than that of Warren Buffett. Since taking the reins as CEO of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) six decades ago, the Oracle of Omaha has witnessed his company's Class A shares (BRK.A) lap the benchmark S&P 500 index in the total return column, including dividends, 134 times! In other words, mirroring Buffett's trading activity has been a pathway to long-term riches.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool