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.
The Motley Fool
OCTOBER 13, 2024
What is going on at Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) ? In the last few months, the "Oracle of Omaha" has directed his firm to dump almost $10 billion of one of its largest holdings and a popular stock among institutional investors. The sales come as Berkshire sits on the largest pile of cash it's ever kept on the books. What does Warren Buffett know that Wall Street doesn't?
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