Reported 1 day ago
Warren Buffett's Berkshire Hathaway has been actively trading stocks, selling around $4.7 billion worth of U.S. stocks while buying $3.2 billion. The company is divesting from the financial sector, particularly selling stakes in Bank of America, Capital One, and Citi, while increasing its investment in consumer goods with a larger stake in Constellation Brands. Additionally, Berkshire has made a sizable, undisclosed purchase in a different category, suggesting strategic adjustments as Buffett prepares to step down as CEO.
Source: YAHOO