But if... war is coming? Global war: Iran - Israel, Russia - Ukraine, Poland, Baltics, rest of Europe, North - South Koreas, China - Taiwan and of course US vs all bad guys countries. Than we got the answer about WB sell off moves.
Why Did Warren Buffett Sell More Apple Shares?
If only we were a neuron located inside Warren Buffett's investment cortex. One could only imagine the colosseum of knowledge available on markets. Without the benefit of this location – or having a direct seat on Berkshire's investment committee – we won't exactly know why Buffett sold down the Apple stake, until the famed investor tells us so. The sales come after Apple reported its Q4 earnings last week, posting revenue growth of 6% to $95 billion. In total, Berkshire has sold more than 600 million shares in the iPhone maker this year. But this isn't the first time Warren Buffett has trimmed Berkshire's Apple position. Nor should it come as a major surprise, given his language at the AGM on locking in gains while federal capital gains taxes remain lower. And even after this major sell-off, Apple remains Berkshire's largest stock holding, valued at nearly US$70 billion. But the conglomerate's strategy here adds to a list of stock sales made this month, including selling downBank of
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
