Reported 29 days ago
Warren Buffett recently sold approximately $80 billion in Apple stock but primarily reinvested the proceeds into U.S. Treasury bills rather than significant stock purchases. While he did buy some shares, including nearly 97 million of Sirius XM, the bulk of the funds was directed towards Treasuries, where Berkshire's total increased by $81.3 billion within three months. This strategic move highlights Buffett's preference for stable investments amidst high stock prices while maintaining some presence in the equities market.
Source: YAHOO