Warren Buffett, the legendary investor known as the "Oracle of Omaha," continues to make waves in the financial world even as he approaches his mid-90s. His company, Berkshire Hathaway, has been

Most experts would classify him as a value investor. When it comes to valuation, the stock below isn't obviously cheap. Apart from value versus growth investing, Buffett is also known for his long holding periods.

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.

Had you invested $1,000 in Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) when Warren Buffett became its CEO in 1965, you would have $42.5 million today. The same investment in the S&P 500 would have grown to just $343,

All of those moves suggested that Buffett was bracing for a market pullback. The S&P 500 index and Nasdaq are still hovering near their all-time highs as of this writing, and plenty of those stocks are trading at historically high valuations.

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