To The Moon

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

Nov 2 (Reuters) - Warren Buffett and Berkshire Hathaway extended their retreat from stocks in the th

Nov 2 (Reuters) - Warren Buffett and Berkshire Hathaway extended their retreat from stocks in the th

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

Nov 2 (Reuters) - Warren Buffett and Berkshire Hathaway extended their retreat from stocks in the th

Nov 2 (Reuters) - Warren Buffett and Berkshire Hathaway extended their retreat from stocks in the th