December 2, 2024 - 04:01
Warren Buffett's investment firm, Berkshire Hathaway, has made headlines this year by selling an impressive $133 billion worth of stocks through the first three quarters of 2024. This notable activity marks a significant increase in the pace of selling compared to previous years. A substantial portion of these sales can be attributed to Berkshire's largest holding, Apple, which has seen considerable adjustments in its stake. Furthermore, the company has also reduced its investment in Bank of America, another major player in its portfolio.
Despite these significant divestitures, Buffett has chosen to hold onto certain key investments, emphasizing a long-term strategy that prioritizes stability and growth. While the sales have raised eyebrows among investors, they reflect a calculated approach to portfolio management. As the market continues to evolve, all eyes will be on how Berkshire Hathaway navigates its remaining investments and what future moves Buffett will make in response to changing economic conditions.
