Warren Buffett’s Berkshire Hathaway has made notable adjustments to its investment portfolio, signaling a strategic shift as it navigates market valuations and economic uncertainties. In a regulatory filing released on Friday, Berkshire disclosed a new stake in alcoholic beverage producer Constellation Brands while significantly trimming its holdings in major financial institutions, including Citigroup and Bank of America. A New Bet on Alcohol Berkshire ended 2024 with 5.62 million shares of Constellation Brands, valued at approximately $1.24 billion. This new investment reflects confidence in the company, which distributes some of the most popular beer brands in the United States, including Corona … Continue reading Warren Buffett’s Berkshire Hathaway Shakes Up Portfolio: New Investment in Constellation Brands, Bank Sell-Offs, and Apple Strategy Shift
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