The week before last, Warren Buffett's conglomerate Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) released its 13F filing, showing the company's stock buys and sells for the fourth quarter, and there weren't too many newsworthy items. However, one thing stuck out to this technologist and Buffett-watcher: a big telecom buy in Verizon (NYSE: VZ) and a big add to the company's existing position in rival T-Mobile (NASDAQ: TMUS) .
It's perhaps not a surprise that Buffett and his investing team are looking hard at "safe" ways to play the 5G transition today, just when the first 5G iPhones are hitting the market. It's interesting, however, that Berkshire is betting on two different horses in this high-stakes race.
Image source: The Motley Fool.
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Buffett and His Proteges Take Opposite Sides in the 5G Wars