Did Warren Buffett Dump This Artificial Intelligence (AI) Stock Too Soon? It's Up 26% Since Berkshire Hathaway Hit the Sell Button.
Snowflake(SNOW) The Motley Fool·2024-11-26 10:39
Sometimes, even the best investors in the world struggle to time the market.Warren Buffett is the CEO of Berkshire Hathaway (BRK.A 0.30%) (BRK.B 0.18%). Over his 59-year tenure, Berkshire stock has delivered a compound annual return of 19.8%, almost twice the average annual return in the S&P 500 over the same period. Therefore, it's no surprise that Wall Street watches Buffett's every move. He is on a selling spree this year, trimming several long-standing holdings in Berkshire's portfolio. Snowflake (SNOW ...