Reported 4 days ago
Warren Buffett, known for his successful long-term investment strategy, has recently reduced his stakes in two of his key holdings—Apple and Bank of America—by significant amounts. This has prompted speculation among investors about whether these decisions signal a warning regarding market conditions or potential tax strategy changes. Buffett’s actions, though surprising, may not reflect a loss of confidence in these companies, but rather a strategic maneuver in response to anticipated changes in capital gains tax rates.
Source: YAHOO