Warren Buffett's Berkshire Hathaway Reveals Surprising Moves in Q4 2023

Warren Buffett raised some eyebrows with Berkshire Hathaway's sale of 10 million shares of Apple in the fourth quarter of 2023. This move surprised many investors, as Apple has been a longstanding favorite of Buffett's. The sale came as Berkshire Hathaway's cash pile swelled to a record in the same quarter, despite weakness in its railroad and energy businesses.

In his most recent shareholder letter, Buffett discussed investing in foreign companies, a departure from his usual focus on American companies. This shift in strategy has intrigued many in the investment community, as Buffett is known for his conservative approach to investing.

The latest Berkshire Hathaway shareholder letter, released on Saturday, is the first since Buffett's right-hand-man stepped down. This has led to speculation about the future direction of the company and Buffett's investment decisions moving forward.

Investors are eagerly awaiting Berkshire Hathaway's earnings announcement for any details on the company's 'mystery stock' acquisition in the third quarter. The stock market ended the week mixed but with another weekly gain, fueled in part by anticipation of Buffett's upcoming letter.

Berkshire Hathaway, the conglomerate led by Warren E. Buffett, reported its highest-ever annual profit in the previous year. In the 2023 shareholder letter, Buffett shared his timeless investment principles, providing valuable insights for investors.

Buffett's Berkshire Hathaway revealed a new record cash pile, highlighting the investor's frustration with the lack of meaningful investment opportunities in the current market. This has led to speculation about potential future acquisitions or investments by Berkshire Hathaway.