Warren Buffett Sells More BofA Shares, Reaping $982 Million

Bloomberg08-28

Warren Buffett sold an additional $982 million of Bank of America Corp. stock as his conglomerate continues to shrink its investment in the second-largest US bank.His Berkshire Hathaway Inc. has ...

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Comments

AcidIce
08-28
AcidIce
F this old sly he-b!tch. He's always lying from top to toe! He knows something that we don't that's why he's selling so aggressively! USD$5 BILLION+! Spare change to him, but a lot to most people! From the way I see this shares there still some way to move strongly upwards before a fall or after Ex-D but due to his selfishness it's never passed USD$40.50 this week! It's so damning! Crap!
AgentW
08-28
AgentW
Seems that rebalancing of risk is in the air

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He's always lying from top to toe! He knows something that we don't that's why he's selling so aggressively! USD$5 BILLION+! Spare change to him, but a lot to most people! From the way I see this shares there still some way to move strongly upwards before a fall or after Ex-D&nbsp;but due to his selfishness it's never passed USD$40.50 this week! It's so damning! Crap!","listText":"F this old sly he-b!tch. He's always lying from top to toe! He knows something that we don't that's why he's selling so aggressively! USD$5 BILLION+! Spare change to him, but a lot to most people! From the way I see this shares there still some way to move strongly upwards before a fall or after Ex-D&nbsp;but due to his selfishness it's never passed USD$40.50 this week! It's so damning! Crap!","text":"F this old sly he-b!tch. He's always lying from top to toe! He knows something that we don't that's why he's selling so aggressively! USD$5 BILLION+! Spare change to him, but a lot to most people! From the way I see this shares there still some way to move strongly upwards before a fall or after Ex-D but due to his selfishness it's never passed USD$40.50 this week! It's so damning! Crap!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/343277331165480","repostId":1109574567,"repostType":2,"repost":{"id":"1109574567","kind":"news","pubTimestamp":1724823265,"share":"https://ttm.financial/m/news/1109574567?lang=&edition=fundamental","pubTime":"2024-08-28 13:34","market":"us","language":"en","title":"Warren Buffett Sells More BofA Shares, Reaping $982 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=1109574567","media":"Bloomberg","summary":"Warren Buffett sold an additional $982 million of Bank of America Corp. stock as his conglomerate continues to shrink its investment in the second-largest US bank.His Berkshire Hathaway Inc. has trimmed the stake by a total of almost 13% in a series of sales since mid-July, generating $5.4 billion in proceeds. Berkshire disclosed the latest disposals in a regulatory filing late Tuesday, detailing sales on Aug 23, 26 and 27.Buffett has held silent about his reasoning while whittling the highly pr","content":"<html><head></head><body><p>Warren Buffett sold an additional $982 million of Bank of America Corp. stock as his conglomerate continues to shrink its investment in the second-largest US bank.</p><p style=\"text-align: start;\">His Berkshire Hathaway Inc. has trimmed the stake by a total of almost 13% in a series of sales since mid-July, generating $5.4 billion in proceeds. Berkshire disclosed the latest disposals in a regulatory filing late Tuesday, detailing sales on Aug 23, 26 and 27.</p><p style=\"text-align: start;\">Buffett has held silent about his reasoning while whittling the highly profitable bet — an investment that began when the stock was trading near $5 in 2011. The shares were up 31% this year before the selling spree. They have since slid 10% to $39.67.</p><p style=\"text-align: start;\">The string of sales signals Buffett’s biggest pullback from an investment that long served as a stamp of approval on the leadership of Bank of America Chief Executive Officer Brian Moynihan, whom the 93-year-old investor has repeatedly praised in public.</p><p style=\"text-align: start;\">Berkshire still remains the bank’s biggest stockholder — with 903.8 million shares worth $35.9 billion, based on Tuesday’s closing price.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Warren Buffett Sells More BofA Shares, Reaping $982 Million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWarren Buffett Sells More BofA Shares, Reaping $982 Million\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-28 13:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-08-28/warren-buffett-sells-more-bofa-shares-reaping-982-million?srnd=homepage-americas><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Warren Buffett sold an additional $982 million of Bank of America Corp. stock as his conglomerate continues to shrink its investment in the second-largest US bank.His Berkshire Hathaway Inc. has ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-08-28/warren-buffett-sells-more-bofa-shares-reaping-982-million?srnd=homepage-americas\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B","BAC":"美国银行"},"source_url":"https://www.bloomberg.com/news/articles/2024-08-28/warren-buffett-sells-more-bofa-shares-reaping-982-million?srnd=homepage-americas","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109574567","content_text":"Warren Buffett sold an additional $982 million of Bank of America Corp. stock as his conglomerate continues to shrink its investment in the second-largest US bank.His Berkshire Hathaway Inc. has trimmed the stake by a total of almost 13% in a series of sales since mid-July, generating $5.4 billion in proceeds. Berkshire disclosed the latest disposals in a regulatory filing late Tuesday, detailing sales on Aug 23, 26 and 27.Buffett has held silent about his reasoning while whittling the highly profitable bet — an investment that began when the stock was trading near $5 in 2011. The shares were up 31% this year before the selling spree. They have since slid 10% to $39.67.The string of sales signals Buffett’s biggest pullback from an investment that long served as a stamp of approval on the leadership of Bank of America Chief Executive Officer Brian Moynihan, whom the 93-year-old investor has repeatedly praised in public.Berkshire still remains the bank’s biggest stockholder — with 903.8 million shares worth $35.9 billion, based on Tuesday’s closing price.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":343273018433776,"gmtCreate":1724825341569,"gmtModify":1724825345288,"author":{"id":"3582026637156287","authorId":"3582026637156287","name":"AgentW","avatar":"https://static.tigerbbs.com/ea10cf70360da363ebb351e4e5a0850a","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3582026637156287","authorIdStr":"3582026637156287"},"htmlText":"Seems that rebalancing of risk is in the air&nbsp;","listText":"Seems that rebalancing of risk is in the air&nbsp;","text":"Seems that rebalancing of risk is in the air","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/343273018433776","repostId":1109574567,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":6,"commentSize":2,"repostSize":2,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1109574567"}