Warren Buffett May Have Been Right to Sell Snowflake Stock. Does That Mean You Should Sell, Too?
Snowflake(SNOW) The Motley Fool·2024-08-25 16:50
Your investing goals may differ from Buffett's.Warren Buffett's team at Berkshire Hathaway (BRK.A 0.94%) (BRK.B 0.97%) recently released its 13-F for the second quarter of 2024. It revealed many dramatic changes to the portfolio in Q2, and one notable one was its sale of Snowflake (SNOW 0.56%) stock.Many industry experts touted Snowflake as the future of the data cloud, thanks to its data storage and handling platform. Still, massive financial losses, a data breach, and a surprise change in CEOs may have ra ...