Domino’s Pizza and United Healthcare?
Bad pizza and Purple People Beater operation
He needs a better portfolio
You are thinking of good companies that make good products or provide good services. Berkshire looks for entities whose businesses return shareholder value. The two are far from identical.
“He needs a better portfolio”
If you read the chart, they sold 100% of those stocks from their portfolio.
United Health Care used to be over $600...then their CEO got shot in New York (the “Luigi Mangione” case), and another executive resigned suddenly.
The stock fell to ~$240-$250 or so a share.
Berkshire Hathaway bought in around $300, and the stock is around $400 a year later.
I guess they’re cashing out their 33% gain in one year to help buy Alphabet?