Reported 2 months ago
Warren Buffett, known for his investment acumen, recently sold significant portions of Berkshire Hathaway’s portfolio, including a historic drop in Apple shares. After investing $9.2 billion in Berkshire Hathaway stock last year, his recent lack of interest in buybacks raises concerns among investors, hinting at his belief that the stock may no longer offer good value. With a record cash position of $277 billion, Buffett's shift reflects a cautious stance on the overall market rather than an outright sell signal for Berkshire Hathaway.
Source: YAHOO