When Warren Buffett Buys and Sells Stock, It Pays to Listen — He Bails on Gannett, But Has Hopped Onboard the Stock of Another Media Company

Aug 15, 2013  •  Post A Comment

Berkshire Hathaway, the conglomerate run by billionaire Warren Buffett, just filed its 13F, detailing its holdings in various stocks at the end of the second quarter, reports Business Insider.

The story reports: "According to the filing, Berkshire entered into new positions in Dish Network, purchasing 547,312 class A shares, and Suncor Energy (17,769,457 shares) in the second quarter."

The article adds that Buffett’s Berkshire sold its entire stake in Gannett (1,740,231 shares).

Bloomberg’s story on Buffett’s second-quarter activity notes, "Buffett and his deputies spent the most on stocks in a quarter since 2011."

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