Reported about 1 month ago
Warren Buffett recently sold $800 million worth of Snowflake, an AI stock, and invested $345 million back into Berkshire Hathaway, which he sees as his favorite investment. Despite being a long-term investor, Buffett's recent sales reflect caution due to high market valuations. Snowflake's decelerating revenue growth led to its sale, while Berkshire Hathaway continues to see share buybacks as a preferred method to return value to shareholders.
Source: YAHOO