Little did they know that days after they had pushed Berkshire’s class A shares to a record, Buffett would announce he planned to step down as chief executive. Since then, the conglomerate’s high-vote A shares have fallen 14 per cent,

However, this isn't to say that Buffett and his stock pickers aren't buying any stocks. In fact, there's one company whose stock Berkshire has continued to buy, and it recently bought even more. Image source: The Motley Fool.

Warren Buffett's Berkshire Hathaway said first-half revenues fell 39% at Squishmallows' parent company and 12% at Fruit of the Loom as tariffs loomed.