Warren Buffett's Berkshire Hathaway Just Sold Shares of 2 Companies. Here's Why I (Humbly) Disagree and Expect Both Stocks to Go Up From Here.

Warren Buffett bought Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) about 60 years ago. At the time the business was in decline and the purchase seemed like folly. But today, Berkshire Hathaway is worth more than $1 trillion. And it reached this height thanks to Buffett smartly reinvesting the company's cash over the decades.Given his impressive track record, I steadily study Buffett's mentality to improve my own investing skills. My office is littered with highlighted and underlined copies of his annual letters to shareholders as well as worn-out books on Buffett. Suffice it to say I'm a student and a fan.On Nov. 14, Berkshire Hathaway released its quarterly stock holdings to the public. Normally I'm intrigued by the investing decisions. But this time, the company sold Ulta Beauty (NASDAQ: ULTA) and Floor & Decor (NYSE: FND). And I think those moves are mistakes.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool