Warren Buffett is out of step with the markets. The S&P 500 returned 25% in 2024 and is up another 4% this year, but Berkshire Hathaway refuses to join the party and continues to be a net seller of stocks.

The artificial intelligence (AI) revolution continues to pick up steam and is on pace to be this century's most transformative technology trend thus far. It's also on pace to be one of the best wealth-generating opportunities for long-term investors.

In the last quarter of 2024, the only new stock added to the portfolio was Constellation Brands (NYSE: STZ ). After weaker-than-expected earnings and a reduced growth outlook, STZ stock went tumbling and is currently down 26.27% on a year-to-date (YTD) basis. At press time, Constellation Brands shares were changing hands for $162.94.

Warren Buffett's Berkshire Hathaway reduced its Bank of America stake to less than 9% and pared bets on Citigroup and Capital One last quarter.

Buffett strongly believes in concentrating Berkshire Hathaway's investment capital into his best ideas. Five top-tier companies, with clear competitive advantages and phenomenal capital-return programs,

Berkshire entered a new holding in Constellation Brands during the fourth quarter of 2024. Buffett's firm also trimmed its position in Bank of America.

Warren Buffet's multi-national company Berkshire Hathaway has been reducing its stake and bets on Bank of America (BofA) in the last final months, while also keeping a stake in Apple intact.While his stake in Apple is currently intact,

The Oracle of Omaha has shed over 352 million shares of Bank of America stock since the midpoint of 2024 in favor of a $1.1 billion stake in a brand-name, consumer-facing businesses.