Warren Buffett Just Bought $9 BILLION Of This Stock (Will Surprise You!)

We've heard of the usual Warren Buffett stocks, such as Apple stock, BAC stock, and more.

However, this stock Warren Buffett just bought is neither of those.

Instead, the stock is Berkshire Hathaway!

That's right, Warren Buffett used $9 billion for share buybacks on BRK stock for the third quarter. This is the largest quarter ever of share buybacks for Warren Buffett and berkshire hathaway stock.

There are a few reasons for this massive share repurchase. First, Warren Buffett says he will buy back stock when BRK stock is undervalued, usually defined by Buffett as trading below 1.2 Book Value. Secondly, BRK stock has so much cash on the balance sheet, over $130 billion, that they have to use it somewhere, as it does not good for shareholders just sitting in a bank account.

So we know that Warren Buffett thinks Berkshire Hathaway stock is undervalued. Does this mean I'm buying?

The answer is no for now. Even though BRK stock appears to be fairly valued, I don't think the discount is significant enough to use my cash to invest. With all the risk in the market right now, I'm not willing to invest unless I see potential for very strong returns.

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After years of sitting patiently, Warren Buffett has finally started to put his money in the market, with a recent $9 BILLION investment into one stock. Today we break down this investment and what Warren Buffett and Charlie Munger have been up to with their investing over at Berkshire Hathaway.

In this video you will learn about the most important investing & money advice that the “Oracle of Omaha” Warren Buffett has shared during 2020. I have summarized the most relevant information for you and your stock market portfolio by looking at all publicly available material from Buffett in the year - annual reports, shareholder meetings, interviews etc. – so that you don’t have to do it yourself.

Warren Buffett just bought $9.5 billion of Berkshire stock and another $15 billion of other stocks that we don't know yet. Next week we will.
Berkshire's Q3 2020 earnings report just came out and it shows that Buffett's stock to buy, the undervalued stock on the market, is Berkshire stock. Is it BRK stock still a buy? The following gives the answer

#investingclub #warrenbuffett #investing
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[uriefraty]

@investing club what do you think of BABA?

[njtrue]

Good stuff. Good explanations. Thanks for sharing!

[swamykatragadda]

thanks for the information & advise.

[CACHALOTEmw]

Great video! What do you think of BABA at its current price?

[davidsdinero]

Warren Buffett is an inspiration no doubt! But he's a bit conservative for my liking, I can see why though.

[conservativeuniversity]

13F filing on Friday that's when we will see exact buys and sells

[NeoWasami]

I was looking at finviz bubble charts and I noticed this food delivery company called WTRH. It has an investigation going on into its boards fiduciary decisions but it has what I think is a bullish pennant forming. Considering talks of further shutdowns and its already amazing performance during the summer it may be worth keeping an eye on.

[acampbell]

He said he was going to wait longer this time (during a downturn), and not rush back in. He is thinking that there won't be as many companies knocking on his door for help (money) and not as many bargain-basement deals. It's not because BRK is undervalued, it's because everything else is NOT undervalued (and he has so much cash right now).

[jackterranova]

Thanks, Elias, for the steady stream of solid investing info and advice. Now that the election is behind us, I feel like value investors are beginning to enter no man's land. I think your comment about BRK applies to the entire market right now - with the market as overvalued as it is now (esp according to the Buffet Ind), fair value just isn't enough. Having a cash heavy portfolio is the right move for now.

[tylerp]

There is like zero value in the market right now. It’s incredible.

[Jeff-pstg]

They're getting too big to find anything and move into it unnoticed. He also stated earlier this year that the US government was very fast to support the market this time.

[CBUCK]

Maybe he should of doubled down of airlines since he had so much cash