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Warren Buffett Once Again Cuts Apple Shares. Here’s What Investors Need to Know | 20.11.24
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Warren Buffett Once Again Cuts Apple Shares. Here’s What Investors Need to Know | 20.11.24

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Warren Buffett Once Again Cuts Apple Shares. Here’s What Investors Need to Know | 20.11.24

Kaufen / Verkaufen

Warren Buffett’s Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) stock portfolio is one of the most closely followed collections of stocks in the world. The reason is simple: Buffett has led Berkshire to market-beating gains over a long period of time. A $1,000 investment in Berkshire Hathaway’s IPO would be worth $2.4 million today. Berkshire Hathaway’s success is due to a variety of factors, but the part most investors pay attention to is Buffett’s stock purchasing decisions. Of recent interest has been the company’s shares in Apple (NASDAQ: AAPL), which it sold during the year. In the third quarter of 2024, Buffett sold even more, reducing his position by another $23 billion. In total, Buffett and Berkshire are seen gaining $95 billion in Apple shares in 2024. This led many to speculate about the reason for the sale. . Investors can get some insight at the Berkshire Hathaway annual meeting in the spring, but in the meantime, here’s what investors need to know about Buffett’s Apple stock sales. Continue readingMore articles from MotleyFool