Reported 6 months 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