IT was already pretty safe to say that Warren Buffett wasn’t going to get in on the overzealous GameStop Corp. buying action of late. We can, however, glean a few things from the breadcrumbs he’s left in recent months. At first it seemed like the pandemic created the conditions conducive to a quintessential Buffett market, given that the world’s ninth-richest man is a bargain shopper looking for unloved assets with rebound potential. Berkshire’s own non-dividend-paying stock has risen 8.6% over the past 12 months, trailing the S&P 500’s 18% total return. Berkshire’s top-performing stock picks of the past 12 months are emblematic of the fascinating evolution of its portfolio in recent years.
Source: The Star February 18, 2021 00:45 UTC