Veteran investor Bill Smead explains why Warren Buffet's Berkshire Hathaway plowed billions into pharma stocks, discusses its Apple and Costco sales

9:34am PST - November 17th, 2020    pfizer stock - Business Insider

Summary List Placement Warren Buffett's Berkshire Hathaway added AbbVie, Bristol Myers Squibb, Merck, and Pfizer to its stock portfolio last quarter. Its push into pharmaceuticals is "wonderful" news and long overdue, Bill Smead, a longtime Berkshire shareho…