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All Signs Point to Warren Buffett Buying His Favorite Stock Again

All Signs Point to Warren Buffett Buying His Favorite Stock Again

When Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett buys or sells a stock, everyone from Wall Street professionals to everyday investors pays close attention. While there are a number of reasons for Buffett's nearly six-decade outperformance of the major stock indexes, such as his love of cyclical businesses and dividend stocks, it's his opportunistic long-term approach to investing that might be his greatest not-so-secret weapon. With the understanding that every stock market correction and bear market decline throughout history has been a buying opportunity, Buffett uses big pullbacks in the broader market as an excuse to go shopping.