Reported 2 months ago
Warren Buffett has significantly reduced his stake in Apple, decreasing his holdings by 55% as of June 2024, indicating concerns over the stock's valuation and declining performance in China. Instead, Buffett continues to invest in Berkshire Hathaway, repurchasing shares to reinforce his belief in the company's undervaluation and resilience across various sectors, making it a more attractive option for investors.
Source: YAHOO