Warren Buffett's Berkshire Hathaway (NYSE ... It's obviously not a good thing when a generational investor like Buffett decreases his position in a stock. You don't sugarcoat a retreat. However, the situation isn't as bad as you might think.

Despite his immense wealth, Warren Buffett, as he admits, is a man of simple tastes. Perhaps that focus on basic American food staples inspired one of the more unexpected new buys from his investment vehicle Berkshire Hathaway (NYSE: BRK.

The move was surprising for those who follow Buffett. The Oracle of Omaha is known as a long-term investor, having said, "Our favorite holding period is forever" when the right conditions are met. He has held some stocks for decades, including Coca-Cola, American Express, and Moody's.