Reported 2 months ago
Warren Buffett's recent decision to sell 510 million shares of Apple, reducing his stake by 56%, is being regarded as one of the best moves in his investment career, as it reflects a strategic shift towards a more defensive position in a costly market. Despite the sale, Apple remains Berkshire Hathaway's largest equity holding, making up 41% of its portfolio. Buffett's timely exit comes after a significant run-up in Apple's stock price, highlighting his ability to 'sell high' as he consolidates cash for potential investments in undervalued opportunities.
Source: YAHOO