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Buffett's 13-F: Why Investors Should Put Their Attention Elsewhere

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Besides vaccines and omnipresent GameStop  (GME) - Get GameStop Corp. Class A Report, Berkshire Hathaway will be the toast of the town this weekend when Warren Buffett issues his annual shareholder letter Saturday. 

However, investors got an early look at some of the Oracle of Omaha's latest moves earlier this month. 

Berkshire Hathaway  (BRK.A) - Get Berkshire Hathaway Inc. Class A Report in a regulatory filing with the Securities & Exchange Commission said that it acquired an $8.6 billion stake Verizon  (VZ) - Get Verizon Communications Inc. Report and a $4.1 billion stake in Chevron  (CVX) - Get Chevron Corporation Report.

It also exited its position in JPMorgan and sold its shares in Barrick Gold  (GOLD) - Get Barrick Gold Corporation Report and cut its stake in Apple  (AAPL) - Get Apple Inc. Report.

In a video taped last week, Jeff Marks, senior portfolio analyst with Action Alerts PLUS, weighed in on Buffett's moves and broke down why investors should take a 13-F with a grain of salt, even when it comes straight from Buffett. 

Watch the full take from Marks in the video above. 

Daniel Kuhn contributed reporting to this video. 

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