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Barchart
Caleb Naysmith

Berkshire Hathaway Sold $75 Billion in Stock Last Quarter, but You'll Never Guess One of the Only Stocks He Likes Going into Q3

Warren Buffett, the legendary investor, has once again made headlines with his strategic moves in the market. During the second quarter of 2024, Berkshire Hathaway (BRK.A)(BRK.B) sold a staggering $75 billion worth of stock, raising its cash reserves to a record $276.9 billion. While Buffett's massive sell-off included some surprising names, Buffett has continued to buy one surprising stock. Let's delve into why Buffett might be shedding so much of his main holdings and continuing to buy more of one stock.

What He Sold and Why

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