For the better part of nearly six decades, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has ... persistent selling activity in Bank of America (NYSE: BAC) that's rightly ...
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.