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SiriusXM Radio to Change Cancellation Practice in New York Following Court Ruling
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Berkshire reduced its shareholding in apple and Bank of America in Q3, almost sold its stake in Utah Medical, and made a new entry into Domino's Pizza.
Berkshire's third quarter saw new investments in domino's pizza and the pool corp distributor. Both have some commonalities: so far this year, both have underperformed compared to the overall market. Due to spending pressures on low-income consumers, the stock price of domino's pizza has been suppressed; because people are more cautious with discretionary spending, pool demand has been sluggish, dragging down the stock price of pool corp.
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Old Timer Trader : He sold 80 BILLION DOLLARS of AAPL stock. Just a year ago, he stated that Apple was a stock that he would never sell… can you explain that?