This pattern of 40% sells, 40% buys spells hyperactive money management, never a felicitous indicator. Is this money management or hubris? Nearly 40% of Berkshire’s holdings are long held financials, nearly a triple weighting of this sector. This is a bull market list of Alibaba, Facebook, Alphabet and Netflix which I don’t see frequently elsewhere. This is a pure bull market list.

Source: Forbes February 20, 2018 22:52 UTC