Day: August 14, 2025

• Warren Buffett’s Berkshire Hathaway built a $1.6 billion stake in UnitedHealth last quarter.
• The wager is likely to be one of the last under Buffett’s watch as he prepares to step down as CEO.
• Berkshire also pared its key Apple stake again and made several other tweaks to its portfolio.

It seems Warren Buffett has healthcare on his mind as he approaches retirement.

The 94-year-old investor’s Berkshire Hathaway scooped up just over 5 million shares of UnitedHealth stock last quarter, securing a stake in the health insurer worth $1.6 billion at the end of June. The new holding was revealed in the conglomerate’s quarterly portfolio update, known as a 13F, on Thursday.

It’s unclear whether Buffett or one of his two investment managers, Todd Combs and Ted Weschler, made the stock pick. But it’s certainly notable as one of Berkshire’s final bets with Buffett at the helm. The “Oracle of Omaha” is set to retire at the end of this year.

UnitedHealth shares soared over 10% in after-hours trading, likely due to the “Buffett Effect” where other investors trust the industry legend to make shrewd wagers and mimic his choices.

The healthcare giant, which is still navigating the fallout from the December 4, 2024, shooting death of its CEO Brian Thompson, saw its stock plummet from about $600 in mid-April to around $310 by the end of June. Buffett, a value investor known for bargain hunting, may have determined it was oversold and decided to pounce.

Berkshire also pared its top holding, Apple, by another 7% to 280 million shares, worth $57 billion at the end of June. It has sold more than two-thirds of the position since the beginning of 2024, when it was worth a hefty $174 billion.

Buffett and his team also revealed stakes in homebuilders DR Horton and Lennar as well as steel producer Nucor, after securing regulatory approval to keep those positions confidential in Berkshire’s first-quarter portfolio filing as they were still actively establishing them.

Berkshire also disclosed new positions in Lamar Advertising and Allegion, while boosting its stakes in companies such as Chevron, Constellation Brands, and Domino’s Pizza. It exited T-Mobile US and reduced positions, including Bank of America — a longtime Buffett favorite — and Charter.

The latest filing adds context to Berkshire’s recent earnings, which showed the company sold a net $3 billion of stocks last quarter as it bought $3.9 billion worth but sold $6.9 billion worth. The conglomerate, which owns businesses such as Geico and Fruit of the Loom, has been a net seller of stocks for 11 straight quarters.

The stock sales have contributed to Berkshire growing its cash pile to $344 billion, a sum that exceeds the market capitalization of Coca-Cola.

Buffett, who turns 95 this month, has struggled for years to find compelling ways to spend Berkshire’s cash as public and private company valuations have soared. That has led to Wall Street keeping an extra close eye on any purchases he does make, such as UnitedHealth stock last quarter.

Kelsey Vlamis contributed to this report.

• Kelly Benthall, 54, and her husband retired early and have now been slow traveling for a year.
• This summer, they spent five fast-paced weeks moving through seven stops across the UK and Ireland.
• The experience left her exhausted — and reminded the couple why they’d chosen a slower, more intentional life.

Plain and simple — hold the tomatoes — fast travel is exhausting.

My husband Nigel and I retired early last year to slow travel the world. We’ve made it a habit to stay in one place for a month. It feels long enough to unpack, exhale, and feel like we live there.

But this summer, we broke our own rules.

We planned a five-week sprint through the UK and Ireland — seven stops in quick succession, most just five days long. We started in Dorset with a brief, emotionally heavy family visit, then made our way through Cornwall, the Cotswolds, the Lake District, Edinburgh, North Wales, and finally ended with a three-day finale in Dublin.

It was part memory lane, part reunion tour, and a whole lot of intentional sightseeing. Some stops held memories for Nigel, others were entirely new. It was a chance for both of us to explore his home country with fresh eyes.

We packed in everything from castles and sea cliffs to wild ponies, old friends, long walks, and short pub chats.

It felt like an affair, not with a person, but with a different kind of travel. A thrilling, nostalgic, completely unsustainable fling with speed.

By the numbers:

• 5 weeks
• 7 stops
• 4 home-cooked reunions
• 2,000+ miles driven in a tiny car on even tinier roads
• 178 mapped stops
• Countless pints and pies

It was a whirlwind of firsts — and then the crash.

Burning through cash and energy

By the end of the trip, my legs were stronger than ever, thanks to all the walking and staircases — many of which felt too narrow for a modern human with luggage.

But the rest of me shut down. After Dublin, when we finally arrived at our more long-term monthlong Airbnb in Killaloe, Ireland, I slept for a full day. Even after that, I felt drained.

Four days in, my mind was still on high alert — scanning for surprises, wrong turns, or a crowd around the corner. That internal alarm system — so helpful while navigating new terrain — didn’t know how to switch off.

We had also spent more money than usual. Without monthlong Airbnb discounts or home-cooked meals, the costs added up. We indulged in well-regarded restaurants nearly every day, and we felt it in both our budget and our waistlines.

There were a couple of late nights too — 2 a.m. pub closings and dance floors I used to keep up with, but that now leave us wrecked the next day. That’s not our rhythm anymore.

During the trip, we pushed hard to do each region justice — hiking to hidden waterfalls, exploring caves, storm-watching over valleys, and wandering historic streets.

And then it hit me, we were those tourists. Respectful, yes. Grateful, always. But always on the move, like playground visitors: admiring the beauty, but never staying long enough to earn trust.

It was the opposite of what slow travel makes possible — the chance to return to the same café twice, to learn names, to show up not just as a guest but as a quiet part of the scenery.

That tension wore on me. We were seeing everything, but belonging nowhere.

Retired, but still racing

The pace wasn’t just a physical strain, but mental as well.

Fast travel began to mimic the stress patterns of the life we left behind. Before we retired, I spent decades in a high-pressure career, always scanning, solving, planning the next thing.

It took me a lot of work to untangle myself from that rhythm. Yet here I was again, dreaming of logistics, overloading my senses, and feeling that familiar hum of burnout.

I’d also taken up writing in retirement, but somewhere between documenting it all and trying to feel it, I lost the thread.

We had no buffer. No pause. Just momentum.

The return to slow

And yet, the moments still shone.

We found awe on many occasions: sea shanties in a Cornish pub that left us teary, storm clouds that rolled over the lakes like theater curtains, and yes — sharing a pint while standing in line for a castle.

We watched sheep graze near medieval stone circles. We wandered through St. Giles as sunlight streamed through stained glass. Nigel even got pulled onstage to dance in Dublin — whiskey in hand, the crowd cheering.

We were wrecked. But we were alive.

Now we’re in a quiet town in Ireland, finally staying put for a full month. One Airbnb. One grocery shop. No checkouts to plan.

We didn’t retire early to rush life, we did it to be present.

Fast travel showed us what we could cram in. Slow travel reminds us why we left the rush behind.

Do you have a story about retiring abroad that you want to share? Get in touch with the editor: akarplus@businessinsider.com.