Reported 2 days ago
Warren Buffett's Berkshire Hathaway has diminished its stake in Bank of America by $338 million, marking the 13th round of sales since mid-July. Despite this reduction, Berkshire remains the largest shareholder with a 10.2% stake, valued at over $31 billion. The average selling price for the shares was noted to be among the lowest since the selling began, raising questions regarding Buffett's future strategy in light of his historically patient investment approach.
Source: YAHOO