Yet the Berkshire Hathaway chair is known for being a countercyclical investor who buys “when there’s blood in the street”.
Neither Berkshire Hathaway nor Constellation Brands responded to an out-of-hours request by Fortune for comment. Citigroup declined to provide a statement.
The native Nebraskan is dubbed the “Oracle of Omaha” for his foresight when buying into undervalued stocks. One of his most famous investment mottos is be fearful when others are greedy and greedy when others are fearful.