Billionaire Warren Buffett Sold 67% of Berkshire's Stake in Apple and Has Loaded Up On a Consumer Favorite That's Rallied 7,400% Since Its IPO

Since the mid-1960s, Berkshire Hathaway's (BRK.A 0.29%) (BRK.B 0.10%) Warren Buffett has had a knack for outperforming for Wall Street. The aptly named Oracle of Omaha has overseen a cumulative return in his company's Class A shares (BRK.A) of 5,732,279%, as of the closing bell on July 17.