Warren Buffett offloads a few stocks from the Berkshire Hathaway portfolio in November 2018.

Peter Prince

2018-11-27 10:37:00 Tue ET

Warren Buffett offloads a few stocks from the Berkshire Hathaway portfolio in mid-November 2018. The latest S.E.C. report shows that the Oracle of Omaha sold a significant number of shares in Phillips 66, Sanofi, Walmart, and 3 primary airlines: American Airlines, United Continental Airlines, and Southwest Air.

Berkshire unloads Phillips 66 shares as the oil refinery company hovers around the 10-year high share price. Buffett exercises discipline to sell Sanofi shares when the global biopharma company faces the patent expiration for its long-active insulin Lantus (which raked in $7 billion in annual revenue at its peak). Intense competition also arises for Sanofi in the wide context of both cancer and rare disease treatment.

Berkshire has continued to lower its stock bets on Walmart since 2016, and Buffett regrets his tough judgment call between the brick-and-mortar retailer Walmart and the ecommerce tech titan Amazon. Walmart has not been able to deter Amazon from acquiring its market share, and the Sino-U.S. trade disputes and higher U.S. wages can become detrimental to both sales and net profit margins for Walmart. For these reasons, Berkshire offloads the additional 1.4 million shares in Walmart. Buffett further trims the Berkshire stock bets on several airlines below the 10% disclosure threshold in order to avoid onerous regulatory compliance requirements.

 


If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.

Blog+More
A small fraction of the population enjoys most capital and wealth creation.
Jacob Miramar

2017-03-15 08:46:00 Wednesday ET

A small fraction of the population enjoys most capital and wealth creation.

The heuristic rule of *accumulative advantage* suggests that a small fraction of the population enjoys a large proportion of both capital and wealth creatio

+See More
Fundamental factors often reflect macroeconomic innovations and so help inform better stock investment decisions.
Jacob Miramar

2019-08-22 11:35:00 Thursday ET

Fundamental factors often reflect macroeconomic innovations and so help inform better stock investment decisions.

Fundamental factors often reflect macroeconomic innovations and so help inform better stock investment decisions. Nobel Laureate Eugene Fama and his long-ti

+See More
From crony capitalism to state capitalism, what economic policy lessons can we learn from Putin's reign in Russia?
Jonah Whanau

2018-03-13 07:34:00 Tuesday ET

From crony capitalism to state capitalism, what economic policy lessons can we learn from Putin's reign in Russia?

From crony capitalism to state capitalism, what economic policy lessons can we learn from President Putin's current reign in Russia? In the 15 years of

+See More
President Trump criticizes the potential media merger between AT&T and Time Warner.
Chanel Holden

2017-11-05 09:45:00 Sunday ET

President Trump criticizes the potential media merger between AT&T and Time Warner.

President Trump criticizes the potential media merger between AT&T and Time Warner, the latter of which owns the anti-Trump media network CNN. President

+See More
U.S. economic inequality increases to pre-Great-Depression levels.
Fiona Sydney

2019-02-17 14:40:00 Sunday ET

U.S. economic inequality increases to pre-Great-Depression levels.

U.S. economic inequality increases to pre-Great-Depression levels. U.C. Berkeley economics professor Gabriel Zucman empirically finds that the top 0.1% rich

+See More
Mario Draghi declares the ECB agreement on a thorny set of revisions to Basel 3.
Rose Prince

2017-11-25 06:34:00 Saturday ET

Mario Draghi declares the ECB agreement on a thorny set of revisions to Basel 3.

Mario Draghi, President of the European Central Bank, heads the international committee of financial supervisors and has declared their landmark agreement o

+See More