Shawn Tully on Warren Buffett’s successor, Greg Abel. The big story: Trump moves on China and TikTok. The markets: Happy. Analyst notes from JP Morgan an

Buffett ended 2024 by making some big moves, even with his long-held stocks. Should you be reviewing your own portfolio positions?

Buffett invested in Heinz in 2013 and two years later, Heinz merged with Kraft Foods. He bought 326 million shares during this merger at a cost of around $24.6 billion. He has held on to that stake, which is now worth $11.4 billion.

Warren Buffett is one of the better-known and successful investors. Despite being a long-held position of Berkshire and a globally known iconic brand, the company's growth track and financials indicate it is not likely to serve new investors as well as it did Buffett and his team.