EquityObserver.com issues a special report on the following stocks: Pacific Sunwear of California, Inc. (NASDAQ:PSUN), Berkshire Hathaway Inc. (NYSE:BRK.B), Velti Plc (NASDAQ:VELT), North American Palladium Ltd (USA) (NYSEMKT:PAL)
Late last week, a 13F filing by Berkshire Hathaway (BRK.A, BRK.B) disclosed a new stake forty million share stake in ExxonMobil (XOM) totaling $3.7 billion, marking the largest new public holding for the Buffett-led conglomerate in the past two years.
I have been a Warren Buffett fan for many years. One trait that adds to his charm, as well as his investing integrity, is his readiness to admit to his mistakes in Berkshire Hathaway, Inc.'s (BRK.A), (BRK.B) annual reports, without equivocation or excuse.
At Smead Capital Management, we love to acknowledge financial journalists who really demonstrate an understanding of the underlying truths associated with high-quality and long-duration common stock investing.
(Reuters) - Warren Buffett's Berkshire Hathaway Inc on Thursday disclosed a new $3.45 billion stake in Exxon Mobil Corp, after buying 40.1 million shares in the world's largest publicly traded oil company.