berkshire hathaway: Buffett has expressed regrets over Berkshire tremendous investment in the old Kraft and involvement in the 2015 merger with Heinz Co, according to Market Watch. Among other investments, Buffett recently added to Berkshire's Amazon AMZN, -0.57% holdings, after the position was first made public in May. Buffett turns 89 on Friday, and the most-covered story about Berkshire Hathaway's investment portfolio this year has been the continuing difficulties of Kraft Heinz KHC, 0.75%. The company suffers not only from changes in consumer tastes, but also accounting problems, a heavy debt load and an investigation by the Securities and Exchange Commission. Read Buffett says Amazon stock purchase doesn't deviate from value-investing principles Berkshire also has been increasing its holdings of bank stocks. Buffett said earlier this year that shares of large U.S. banks, including Berkshire holding JPMorgan Chase JPM, 0.59%, are significantly undervalued by the market. The company is the largest owner of Bank of America BAC, 0.66%, with more than 10% of the common shares.
(news.financializer.com). As
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