Bill Gates’ Foundation Cut $800 Million in Q2 From Warren Buffett’s Berkshire Hathaway — Here’s Where It Put the Money Instead
The Gates Foundation cut its Berkshire Hathaway stake by over $800M in Q2 and initiated a brand-new position in Home Depot.
A huge investor moved money out of one company and into a different one, which tells us they think Home Depot looks like a better place for their cash right now. When smart investors shift their money like this, it can be a clue about what they're more excited about, but it doesn't mean the old company is bad.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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