BUFFETT’S REPORT CARD
Report card of Warrant Buffett’s Berkshire Hathaway lately after the May 15 SEC Filling
–        Report in May states that BH sell off 84% stake in Goldman Sachs. Still owns 1.9M shares

–        Sell US Bancorp and BNY Mellon

–        Sell JPMorgan Chase & Co by 3%

–        Fully exit Travelers and Philips 66

–        Sell 0.7% of Amazon within 1Q2020

–        Buy PNC Financial services group to 6%

–        Admitted his mistakes in betting on airlines and sold all airline stocks

Facts

–        BH loss USD50B in 1Q2020

–        Sold USD6.5B of stocks in April and bought USD426M

–        Cash pile increase to USD137B in 1Q report

PS: not every trade in WB’s Berkshire Hathaway Inc’s holdings are shared immediately. It can have several weeks delay before announcement.

WHAT BUFFETT SAID DURING ANNUAL SHAREHOLDER’S MEETING

Cannot evaluate the market

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