📈【Financial News】📈

Warren Buffett and his successor Greg Abel have been selling off Berkshire Hathaway's core stocks since 2022, causing cash reserves to surge 161% to $276.9 billion! 💰

Recently, Berkshire sold 150.1 million shares of Bank of America for $6.2 billion, reducing its stake by 14.5%. Despite this, they are still the largest shareholder of Bank of America, holding 11.4% of the shares, worth about $36 billion.

Some investors worry that this means the market will usher in turmoil, but investment expert Haruki Toyama believes that this is not a clear bearish signal for the market. Buffett may just think that stock valuations are high and choose to lock in profits. 📊

What do you think of Buffett's operation? Welcome to share your views in the comment section! 👇

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