Buffett, UnitedHealth and Berkshire Hathaway
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On Friday, high-profile investors Michael Burry and Warren Buffett took positions in UnitedHealth Group Inc. (NYSE:UNH). Warren Buffett's fund bought little more than 5 million shares, and Burry disclosed in 13F filings that he purchased call contracts against 350,
At Berkshire Hathaway’s annual meeting earlier this year, Warren Buffett showed just how much of a fan he is of Apple’s CEO, Tim Cook. “Tim Cook has made Berkshire a lot more than I have made Berkshire,” Buffett said to laughter in the room. It was funny, but considering that Apple is Berkshire’s largest holding, I don’t think it was hyperbole.
Momentum in U.S. stocks just keeps building, with the S&P 500 recently hitting fresh record highs. Yet despite the market euphoria, one gauge — popularized by none other than Warren Buffett — is flashing red.
See Berkshire Hathaway Inc.'s strategy with a big new stake in UnitedHealth. Learn how it's hedging against recession and stagflation. Click for my BRK.A update.