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bar1080

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bar1080

Re: jones99 post# 967

Wednesday, 02/15/2017 8:27:16 AM

Wednesday, February 15, 2017 8:27:16 AM

Post# of 1937
Buffett dumped WMT: "Wal-Mart Stores (NYSE:WMT): WMT stake was first purchased in 2005. It was built up to a ~3% portfolio stake as of Q1 2016. The last two quarters saw a ~76% combined reduction at prices between $63 and $74. The remaining position was almost sold out (~90% reduction) this quarter at prices between $67 and $72. The stock currently trades at $68.66. Berkshire's cost basis was ~$56. The large reduction in a long-term stake indicates a clear bearish bias."

http://seekingalpha.com/article/4046111-tracking-warren-buffetts-berkshire-hathaway-portfolio-q4-2016-update

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