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Why Is Warren Buffett Buying More Sirius XM Stock?
SIRISirius XM(SIRI) The Motley Fool·2024-08-15 15:55

Berkshire Hathaway is adding to its position in one of the biggest losers on its scorecard this year. It makes more sense than you think.Sirius XM Holdings' (SIRI 5.50%) may have fallen out of favor for most investors, but arguably the best stock picker of our time sees things differently. Warren Buffett's Berkshire Hathaway (BRK.A 0.81%) (BRK.B 0.68%) didn't make a lot of portfolio moves in the second quarter, but one of the few tweaks it did make was to dramatically ramp up its stake in the satellite radi ...