Billionaire Warren Buffett Can't Stop Buying Shares of a Historically Cheap Legal Monopoly, but Also Dumped Nearly a Third of His Stake in Another Monopoly

The sun is setting on one of Wall Street's most illustrious investing careers. By the end of the year, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett will retire as his company's day-to-day leader and hand the reins over to Greg Abel.During the Oracle of Omaha's 60 years at the helm, he's overseen a jaw-dropping cumulative return of 6,061,316% for his company's Class A shares (BRK.A), as of the closing bell on Sept. 5. On an annualized basis, Buffett nearly doubled up the total return, including dividends, of the benchmark S&P 500.In addition to a phenomenal investing track record, Berkshire's billionaire boss is known for his openness when it comes to discussing what makes the U.S. economy, stock market, and individual businesses great. It's not uncommon for some investors to mirror his trading activity and ride his coattails, which can be done by tracking Berkshire Hathaway's quarterly Form 13F and select Form 4 filings with the Securities and Exchange Commission.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool