How much gold did Warren Buffett just buy?

What price did Warren Buffett buy gold?

In Q2 2020 Buffett (or $BRK. B / $BRK. A) bought a very small 0.15% position in Barrick Gold ($GOLD) between $18.50 and $28.25.

What did Warren Buffett buy recently?

AbbVie. Buffett first bought AbbVie (ABBV, $118.41) in the third quarter of 2020 as part of a wider bet on the pharmaceutical industry. But most recently, Berkshire Hathaway has cut its position for a second quarter in a row. The holding company sliced 10% off its ABBV stake in Q2, unloading 2.3 million shares.

Does Buffett own Barrick Gold?

Warren Buffett bought an approximate stake of US$565 million in Barrick Gold (TSX:ABX)(NYSE:ABX) in Q2 2020. As the Berkshire Hathaway’s 13F filing revealed this Tuesday, he had exited the gold position altogether by the end of 2020. … Barrick Gold composed just 0.28% of the Berkshire stock portfolio at the time.

Did Buffett sell gold?

Buffett-led Berkshire Hathaway has sold $317 million worth of shares of Canadian miner Barrick Gold Corporation barely after a couple of quarters of buying them. The decision to sell the shares was as surprising as the decision to buy them.

Why did Buffett sell gold?

Buffett decided to sell GOLD stock as the pandemic might begin to subside soon, making it an understandable decision. It might not be the best time to invest in gold or gold-related assets like Barrick Gold. You could consider finding value opportunities in other sectors where stocks can surge in the recovering market.

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Does Warren Buffett like gold?

Buffett has not shied away from ridiculing those who invest in gold, which he believes is a non-productive asset. So, his decision to buy shares of a gold miner, though not exactly similar to buying gold, made headlines in August last year, when Berkshire made the holding public.

Why does Warren Buffett not like gold?

But not all investors are in love with gold. Warren Buffett has spoken out numerous times on his doubts, calling it an asset with “no utility.” “It doesn’t produce anything and that’s why from a long-term perspective, it’s a hard asset to invest in,” Odyssey Capital Advisors chief investment officer Jason Snipe said.

Has Warren Buffett bought any stocks?

Warren Buffett became one of the world’s most successful investors by buying shares in underappreciated companies. In fact, his stock-picking record is so good, he’s one of the wealthiest people on the planet.

What stocks do Warren Buffett Own?

Top stocks that Warren Buffett owns by size

Stock Number of Shares Owned Value of Stake
Apple (NASDAQ:AAPL) 907,559,761 $130.6 billion
Bank of America (NYSE:BAC) 1,032,852,006 $44.7 billion
American Express (NYSE:AXP) 151,610,700 $27 billion
Coca-Cola (NYSE:KO) 400,000,000 $21.6 billion