Warren Buffett Shifts Investments from Citigroup to Constellation Brands

Warren Buffett has made a notable shift in his investment strategy by selling his stake in Citigroup, a major player in the financial sector, and increasing his holdings in Constellation Brands, a company known for its alcohol products. This move reflects a transition from financial services to consumer goods, particularly in the beverage alcohol industry. Buffett’s decision highlights his confidence in the resilience of consumer demand for alcohol products amidst changing economic conditions.
— new from Fortune

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