Berkshire, UnitedHealth and Warren Buffett
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Top political and market headlines this weekend include stock trades by lawmakers, Trump's tech export tax, and calls for Fed action after weak job data.
Buffett owned UnitedHealth shares before selling his stake in 2010, though his Berkshire Hathaway recently acquired shares.
Warren Buffett's modus operandi is to wait for price dislocations to present themselves. In a historically pricey stock market, locating value has been virtually impossible. Yet, with UnitedHealth Group stock losing more than half its value since the midpoint of April, a rare price dislocation has emerged.
B stake in UnitedHealth Group Incorporated signals a market shift. Click for why I have now upgraded UNH stock to Buy.