Warren Buffett is about to reveal a new $5B investment when the 13F drops this Thursday.
Berkshire does this to avoid chasing its own price. We saw the same playbook with $Chubb(CB.US), $Chevron(CVX.US), and $Verizon(VZ.US) once the filings finally hit.One more clue, they were net sellers of $Bank of America(BAC.US) in Q2, so this mystery name likely sits outside the banking segment. My checklist while we wait, strong free cash flow, rising backlog, returns on capital that do not sag in a soft economy, management that allocates capital without drama. Rails, defense, automation, power equipment, even industrial software all fit the vibe.I don't think its $Tesla(TSLA.US) but who knows....When Buffett buys quietly for months, the reveal is the fun part.
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