Warren Buffett Discusses Berkshire's Recent Stock Sales and New Investments

Reported about 2 months ago

Warren Buffett revealed that Berkshire Hathaway sold over 389 million shares of Apple during the second quarter while also reducing positions in several companies like Chevron and Bank of America. Despite these sales, Berkshire retained a significant stake in Apple and expanded its investments in Chubb and Occidental Petroleum. The company’s cash reserves have reached a record $277 billion as a result of these divestments.

Source: YAHOO

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