Billionaire Warren Buffett Just Added Pool Corp. to Berkshire Hathaway's Portfolio. 7 Things Investors Should Know Before Piling Into the Stock.

Legendary investor and billionaire Warren Buffett invests through his holding company, Berkshire Hathaway. Buffett's fame and success have made him a Wall Street icon, so people pay attention to the stocks he buys and sells. Berkshire Hathaway has made headlines this year by selling enough stocks to raise the company's cash to more than $325 billion, an eye-popping financial war chest large enough to acquire almost any company Buffett desires.Berkshire Hathaway recently filed its quarterly 13F, which discloses the company's stock trades to the public. In Q3, Buffett welcomed Pool Corp. (NASDAQ: POOL) to Berkshire's portfolio as one of its new holdings.Buying a stock is the best endorsement Buffett could give a company, so it seems clear Buffett is optimistic about this relatively unknown stock. If you're thinking of diving into Pool Corp., take a moment to read up on this fantastic business from someone who already owns shares.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool