Warren Buffett is probably the most famous investor alive today, drawing followers who want to replicate his success. But, oddly enough, his investing portfolio is replete with what the market would label "boring" stocks,

Through the first nine months of 2024, Warren Buffett's Berkshire Hathaway unloaded $133 billion worth of stocks. Buffett reduced Berkshire's massive stake in Apple and sold nearly a quarter of its Bank of America holding.

Shares of Coca-Cola Co. KO slid 0.67% to $61.84 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.22% to 5,868.55 and Dow Jones Industrial Average DJIA falling 0.36% to 42,392.27.

However, if you pull the lens further back, PepsiCo's drop from its three-year high is around 22%, while Coca-Cola's is around 14%. But Coke enjoyed a rally from late 2023 that lasted into 2024, while PepsiCo didn't. All in, investors appear to have been a little more negative about PepsiCo overall.

Arguably the world's greatest stock picker isn't picking many stocks these days. Warren Buffett has been a net seller of stocks for eight consecutive quarters. There's a reason Buffett isn't buying many stocks -- and it's the same reason he ranks among the greatest investors of all time.