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When you're the world's richest man -- and perhaps the greatest investor of all time -- people are going to sit up and take notice of just about every move you make in the stock market. So last week, when Warren Buffett's Berkshire Hathaway (BRK.A, news, msgs) disclosed a new addition to its portfolio in a Securities and Exchange Commission filing, that relatively dull SEC report became big news.
According to the report, Berkshire's new holding is New Jersey power provider NRG Energy (NRG, news, msgs). NRG, which has a market cap close to $9 billion, is involved in a number of power-generation activities, ranging from gas to wind to steam power
When you're the world's richest man -- and perhaps the greatest investor of all time -- people are going to sit up and take notice of just about every move you make in the stock market. So last week, when Warren Buffett's Berkshire Hathaway (BRK.A, news, msgs) disclosed a new addition to its portfolio in a Securities and Exchange Commission filing, that relatively dull SEC report became big news.
According to the report, Berkshire's new holding is New Jersey power provider NRG Energy (NRG, news, msgs). NRG, which has a market cap close to $9 billion, is involved in a number of power-generation activities, ranging from gas to wind to steam power