Don't believe every "Buffett buys..." headline



Todd Combs adds new names to the Berkshire portfolio.



Warren Buffett still does most of the portfolio management at Berkshire Hathaway, but the press often mistakes his investments with those of his managers, Todd Combs and Ted Weschler.

Carol Loomis

FORTUNE -- Because the press and stock-market pundits like headlines that begin "Buffett Buys…," big-type assertions of that precise kind often appear. But such headlines are all too often wrong, for the simple reason that other people besides Buffett do some of the buying at Berkshire Hathaway. Moreover, the confusion has compounded in the last couple of years

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