Billionaire Warren Buffett Sold $10.5 Billion of Bank of America Stock, but Has Spent Almost $78 Billion Piling Into Another Financial Colossus
Though the Oracle of Omaha has slashed Berkshire Hathaway's stake in one of America's biggest banks, he's bought shares of another time-tested financial stock in all but one of the last 25 quarters.
Now, current rules would say that BofA wouldn't be in danger of seeing its equity fall. However, it's likely Buffett ...
Reuters on MSN5d
Berkshire's cash soars to $325 billion as Buffett sells Apple, BofA; operating profit fallsWarren Buffett and Berkshire Hathaway extended their retreat from stocks in the third quarter, further slashing holdings in ...
(Reuters) - Warren Buffett-led Berkshire Hathaway further cut ... The selling spree by Buffett appears to be unnerving other BofA shareholders, at a time when the outlook for the banking ...
Warren Buffett's Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) decreased its holdings in iPhone-maker Apple (NASDAQ:AAPL) ...
Berkshire also reported a 6 per cent decline in quarterly operating profit, largely the result of higher insurance ...
(This Oct. 10 story has been corrected to say that Berkshire has netted more than $10 billion since mid-July, not until mid-July, in paragraph 5) (Reuters) - Billionaire Warren Buffett's Berkshire ...
The Motley Fool on MSN12d
The Best Warren Buffett Stocks to Buy With $1,000 Right NowIt's an eyebrow-raising call. If you keep tabs on Warren Buffett's trades, then you likely know Berkshire's been shedding its Bank of America (BofA) stake since the middle of this year, paring ...
Berkshire Hathaway (BRK-B) reported a record cash pile of $325.2 billion in the third quarter as the company sold its equity stakes ...
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