Berkshire Hathaway’s record quarterly equity purchases of $51.1 billion in the first quarter, including large buys of Chevron and Occidental Petroleum, probably amounted to the biggest news in the company’s profit report and 10-Q, released on Saturday.
The company’s equity sales of $9.7 billion in the period disclosed in the 10-Q understandably generated less attention. Berkshire Hathaway (ticker:BRK.A, BRK.B) hasn’t disclosed the stocks it sold, and CEO Warren Buffett didn’t discuss the topic at the company’s shareholder…