Buffett was perhaps prescient, as the 1970s then proved to be one of the worst decades ever in the stock market. Returns were ...
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Despite this change, Bank of America remains a top holding, reflecting Buffett's ongoing confidence in the financial sector, which, along with technology, forms the core of his investment strategy.
Warren Buffett sold more Bank of America stock, reducing Berkshire Hathaway's stake to 9.97%. This sale generated $370 million. Warren Buffett sold another slug of Bank of America Corp.
Amazon founder Jeff Bezos, the second-richest person, saw his wealth climbing by $7.1 billion shortly after he refrained from ...
Berkshire Hathaway is hoarding cash in a pattern seen before the financial crisis, but it has a new reason this time.
Warren Buffett's Berkshire Hathaway built a record cash pile, reduced its Apple and Bank of America stakes, and halted stock ...
Market watchers have been trying to understand the thinking behind Berkshire Hathaway's sales of its two largest equity ...
Warren Buffett’s Berkshire Hathaway (BRK.A) grew its cash pile to a record $325.2 billion in the third quarter. That’s enough ...
Now, his latest move is driving some intrigue, as Warren Buffett has dumped more than $10 billion in Bank of America (BAC) stock. Now, the biggest question is why? Since the middle of July, Buffett’s ...
Warren Buffett’s Berkshire Hathaway Inc. sold its stake in Bank of America Corp., ending an investment that spanned three and a half years in which the lender’s stock lost more than two-thirds ...
Despite this change, Bank of America remains a top holding, reflecting Buffett's ongoing confidence in the financial sector, which, along with technology, forms the core of his investment strategy.