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Buffett continues to sell US banks, accumulating more than 10 billion dollars
Buffett's Berkshire Hathaway has sold $383 million worth of Bank of America shares in the past three trading days, according to a new regulatory filing. This is the company's 14th round of selling BofA shares since mid-July, and it has cashed out more than $10 billion. Berkshire still holds about 10.1% of BofA's shares, worth about $31.40 billion. (Gold Ten)
2024-10-08 00:14:12
Elon Musk: Buffett is basically the Federal Reserve
Berkshire Hathaway CEO Warren Buffett sold $90 billion of stock in the first half of the year, sitting on $277 billion in cash and holding more Treasuries than the Federal Reserve. Musk responded that he is basically the Federal Reserve.
2024-08-05 14:53:01
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