Heard on the Street: When it comes to the cloud, even the Oracle of Omaha has a hard time seeing straight
Feb. 25, 2019 4:05 p.m. ET When it comes to the cloud, even the Oracle of Omaha has a hard time seeing straight. Berkshire Hathaway raised eyebrows earlier this month when filings revealed it had sold off its entire stake in software giant Oracle Corp.
during the fourth quarter. It had just come into the stock the previous quarter, buying up about 41.4 million shares for a stake of more than $2 billion. In other words, a remarkably sharp reversal for an investor that prides itself on investing for the long haul. ...
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