Warren Buffett's Major Moves: Selling $9.6 Billion in Bank of America While Buying Back $345 Million of Berkshire Hathaway Stock

Reported about 18 hours ago

Warren Buffett has made headlines recently by selling nearly $10 billion worth of Bank of America stock, a significant portion of his holdings, as his company, Berkshire Hathaway, also sits on record cash reserves. Despite the stock's recovery, Buffett's decision raises questions about his outlook on market valuations. Meanwhile, he continues to buy back his own company's stock, suggesting he views it as undervalued. This dual strategy has investors speculating on his next big moves.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis