Billionaire and investing legend Warren Buffett traded stocks in his personal account that his company Berkshire Hathaway was also buying and selling, according to a new report from ProPublica.
Buffett has publicly disavowed any inclination to trade in stocks that may be deemed to pose conflicts of interest with Berkshire Hathaway. “I try to stay away from anything that could conflict with Berkshire,” Buffett said during the company’s annual meeting in 2016. “I can’t be buying what Berkshire is buying,” he’d said four years earlier.
The 93-year-old “Oracle of Omaha” has publicly stated that he has a private investment account that is separate from Berkshire, which is required to disclose its holdings on a quarterly basis.
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