Does Warren Buffett Know Something Wall Street Doesn't? The Billionaire Legend Dumps $122 Billion of This Key Holding While Buying $4 Billion of These Out-of-Favor Stocks.

Warren Buffett has never been afraid to go against the grain. He once summarized Berkshire Hathaway's investment strategy as, "We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful."That's resulted in some very notable moves from the Oracle of Omaha over the last few years. As many large-cap stocks have seen their valuations climb higher and higher amid unbounded investor optimism, Buffett has been a notable seller. In fact, he's sold more stock than he bought for Berkshire Hathaway in each of the last 11 quarters.The most notable stock sale in that period is Apple (NASDAQ: AAPL), which at one point accounted for more than half of Berkshire's marketable equity portfolio. Buffett started selling the stock in late 2023, and he's since sold nearly 70% of Berkshire's stake in the business. In total, those stock sales raised an estimated $122 billion in cash based on the weighted average stock price. The actual sales price for each lot is unknown.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool