Warren Buffett slashes JPMorgan and Wells Fargo stakes, bets on Barrick Gold

Drew Angerer/Getty Images Warren Buffett slashed his stakes in JPMorgan and Wells Fargo last quarter, a regulatory filing revealed on Friday. The billionaire investor's Berkshire Hathaway conglomerate also took a $560 million position in miner Barrick Gold. Buffett trimmed several other holdings including BNY Mellon, PNC Financial, US Bancorp, and SiriusXM. The portfolio update settled speculation about the almost $13 billion in net stock sales that Berkshire reported last quarter. Visit Busines...