Berkshire Hathaway Inc (BRK.B)

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BRK invests puny $8 MILLION into Atlanta Braves.

"Warren Buffett's Berkshire Hathaway (BRK-A, BRK-B) cut its exposure to a number of well-known American companies in the third quarter, exiting stakes in General Motors Co. (GM), Johnson & Johnson (JNJ), and Procter & Gamble Company (PG).

But Berkshire also made a $8 million bet on another American institution: major-league baseball.

The Omaha, Neb.-based conglomerate took a new position in Atlanta Braves Holdings (BATRA), the holding company for the team that finished the recent baseball season with the league's best record. The Atlanta Braves last won the World Series in 2021."

"Buffett has a long-time affinity for baseball, frequently citing his admiration for the hitting of Boston Red Sox great Ted Williams, the last player to hit over .400 in a season (1941). At one time he owned a minority stake in the minor-league team that plays in Omaha."

https://finance.yahoo.com/news/warren-buffetts-berkshire-hathaway-is-making-a-new-bet-on-the-atlanta-braves-150434486.html