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Buffett, the Oracle of Omaha, backtracks on Oracle, the company

Updated : February 25, 2019 10:17 PM IST

Investors were flummoxed earlier this month when Buffett's company, Berkshire Hathaway Inc, revealed that during last year's fourth quarter it had exited a $2.13 billion stake in Oracle that it had taken the prior quarter.
It is rare for Berkshire, which owns some stocks for decades, to unwind an investment so fast.
Buffett, the Oracle of Omaha, backtracks on Oracle, the company

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