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-0.000100152732917608 -0.000100152732917608 7.51145496883486E-05 -0.000400610931670718 -0.00102656551240634 0.000275420015523708 0.00105160369563588 0.00135206189438899
Stock impact report

Senate Minority Leader Mitch McConnell Can't Stop Buying Shares of This Former Darling of Warren Buffett [Yahoo! Finance]

Berkshire Hathaway Inc. New (BRK.B) 
Last berkshire hathaway inc. new earnings: 11/2 07:00 am Check Earnings Report
US:NYSE Investor Relations: berkshirehathaway.com
Company Research Source: Yahoo! Finance
As you might expect, many representatives and senators are active investors . Senate Minority Leader Mitch McConnell is one of them. The Kentucky Republican can't stop buying shares of this former darling of Warren Buffett. A stock Buffett used to like The stock I'm referring to is Wells Fargo (NYSE: WFC) . For years, the big bank ranked among Buffett's favorite stocks. The Oracle of Omaha first bought shares of Wells Fargo for Berkshire Hathaway 's portfolio in 1990. The bank stock was a big winner for Buffett and Berkshire throughout the years. Wells Fargo even looked like it might be a "forever stock" for Buffett. However, when the bank's phony accounts scandal was exposed in 2016, Buffett didn't immediately exit his position in the stock. Over the next few years, though, he drastically reduced Berkshire's stake in Wells Fargo and eventually sold all remaining shares in 2022. Buffett publicly stated that Wells Fargo built "an incentive system that rewarded bad behavior." Show less Read more
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