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Buffett sells 25% of Apple, boosts cash pile: Is a bear market incoming?
After reducing its holdings by nearly 50% in the second quarter, Berkshire Hathaway once again reduced its Apple stock by 25% in the Q3, and Show More
After reducing its holdings by nearly 50% in the second quarter, Berkshire Hathaway once again reduced its Apple stock by 25% in the Q3, and trimmed its stake in Bank of America by 23% to 799 million shares. Moreover, this quarter marked the first time since 2018 that the company suspended its repurchases of its own shares. Amid the continuous selling, Berkshire Hathaway's cash reserves soared to a record high of $325.2 billion.
🎙️Discussion
1. What signal do you think Buffett's "liquidation" moves are sending?
2. Will you adjust your holdings in response to Buffett's moves?
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