Warren Buffett is betting big on this beauty brand - and the stock is soaring
Briefly

Berkshire Hathaway has actively diversified its portfolio by investing in beauty and aerospace sectors, recently acquiring shares in Ulta Beauty and Heico Corp.
Despite cutting down on its Apple stake, Berkshire Hathaway's investment in Ulta Beauty has paid off, propelling the stock to its best day in two years.
The recent regulatory filing showcases Berkshire's strategic moves, including major investments and adjustments in various sectors, reflecting a dynamic investment strategy.
Buffett's firm holds substantial investments in U.S. Treasury bills, totaling $234.6 billion, indicating confidence in government securities despite trimming stakes in other companies.
Read at Quartz
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