2024-02-12 07:45:00 ET
After a glance at Berkshire Hathaway 's public equities portfolio, you'll quickly realize that just a handful of businesses dominate. I'm talking about Apple , Bank of America , and American Express , which -- combined -- constitute an astounding 63.8% of its holdings.
But there are also little-known positions like Sirius XM Holdings (NASDAQ: SIRI) . This audio entertainment stock makes up a tiny portion of the overall portfolio and has fallen 15% in the last five years.
Despite the Oracle of Omaha and his team's stamp of approval, there are three reasons to avoid this company. Let's take a closer look at the problems with Sirius XM.
For further details see:
3 Reasons to Avoid This Little-Known Warren Buffett Stock