Warren Buffett's New Favorite Stock, Which Has Soared Over 7,400% Since Its IPO, Is Being Dumped by 8 Billionaire Money Managers

Over a half-dozen prominent asset managers are dumping shares of Berkshire Hathaway's newest addition.There's a reason Warren Buffett is the most-followed billionaire money manager on Wall Street. Since becoming CEO of Berkshire Hathaway (BRK.A 0.70%) (BRK.B 0.95%) in the mid-1960s, the appropriately named "Oracle of Omaha" has overseen a scorching-hot aggregate return that surpassed 5,800,000%, as of the closing bell on Nov. 26.Given Buffett's fairly consistent outperformance of the benchmark S&P 500, both ...