Buffet revealed the secret of his portfolio’s changes

Buffet has opened the cards of the future

In brief: Berkshire Hathaway which is Buffet’s property has obtained new shares in the world's largest industries

Warren Buffet has been recently declared one of the most successful investors of the last years. And now he has opened the cards of the future.

For the information: Buffet has become the best investor of the recession times started in 2007. And now the Berkshire Hathaway which is Buffet’s property has obtained new shares in the Swiss food giant Nestle and the Exxon Mobil oil company. Its share-holding in Nestle is 3.4 million ADR valued at $144.7 million while in Exxon Mobil it is 1.28 million valued at $87.6 million.

Besides Berkshire Hathaway has doubled its share in the Wal-Mart (one of the world’s largest trading networks) and also lowed its positions in the ConocoPhillips oil company and the Moody’s rating agency.

Not so long ago there appeared information about liquidation of Berkshire Hathaway’s shares in the railway companies of Norfolk Southern and Union Pacific. The matter is that these companies are business rivals of Burlington Northern Santa Fe where Berkshire Hathaway is going to own 100% shares valued of $49 milliard.

Ukranian Globalist
2009-11-17 12:41, Economics.

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