Buffett's Berkshire Hathaway has lagged the broader market this year. The stock is up just 6.6% in 2019, compared to a nearly 18% gain for the S&P 500. Several of Buffett's favorite stocks — most notably Wells Fargo and Coca-Cola — have underperformed. Another top pick, Kraft Heinz , has been an outright disaster, plunging more than 20% this year.
Here's why Warren Buffett trusts Tim Cook 01:42But investors may have more questions about the stocks that have not done as well, particularly Kraft Heinz.Kraft Heinz is a bit of an unusual holding for Berkshire, since the food company's other big investor is the private equity firm 3G. Berkshire Hathaway is the ultimate buy-and-hold investor and doesn't make rash moves. Berkshire also usually makes passive investments instead of actively shaking things up.
Buffett: Capitalism is still good for America 05:30So would Buffett want to throw his support — and some of his nearly $90 billion in net worth — behind another candidate? What about former vice president and Democratic front runner Joe Biden? Or another of the legion of candidates running for the Democratic nomination? It's not too soon to ask. But don't be surprised if Buffett doesn't want to tip his hand just yet.
IDC
Mr Buffett made his money the honest way. Trumps an imposter..
Not important
Ha! No.
Wait, people take selfies with cardboard cutouts?
No it’s not lol
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