Berkshire Hathaway Sells $10B Stock
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Berkshire HathawayThe Motley Fool
•Does Warren Buffett Know Something Wall Street Doesn't? The Billionaire Legend Dumps $9.6 Billion of Key Holding While Buying $345 Million of His Favorite Stock.
70% Informative
Berkshire Hathaway has dumped almost $10 billion of one of its largest holdings and a popular stock among institutional investors.
Buffett has made a career of patient, disciplined investing, focusing on backing great companies for the long haul rather than picking great stocks.
He may be worried that the market is overvalued and wants to prepare his firm.
The Motley Fool has positions in and recommends Apple, Bank of America , and Berkshire Hathaway . The Motley Fool has a disclosure policy. Does Warren Buffett Know Something Wall Street Doesn't? The Billionaire Legend Dumps $9.6 Billion of Key Holding While Buying $345 Million of His Favorite Stock. was originally published by The Motley Fool .
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