Berkshire Residential Investments Expands Equity Portfolio Management Team
BRK.B Stock Trading In Line With the Industry at 1.61X: Buy or Hold?
Express News | Musk said Buffett is preparing for Harris' victory.
In a big move, Warren Buffett reduced his holdings by 57 billion yuan in 2 months!
Buffett is still continuing to reduce his shareholding in Bank of America (BAC.US).
Buffett continues to sell $0.9 billion worth of Bank of America stocks! At this point, he has recouped his entire investment cost.
According to the latest documents submitted to the SEC, Warren Buffett's Berkshire Hathaway has once again sold its stocks in Bank of America, cashing out $0.896 billion. After this sale, the investor has recouped the entire investment cost of this stock. Currently, Berkshire Hathaway holds $34 billion worth of Bank of America stocks, which will become the company's pure profit.
Buffett sold nearly $0.9 billion in silver stocks again, netting the remaining $34 billion in shares.
"Stock God" Buffet is now selling stocks of Bank of America, having already recouped all investment costs. The current value of over $34 billion in Bank of America stocks still held is pure profit.