Warren Buffett dumping banks

[Kirsten Minnaar]

Warren Buffett dumping banks

Warren Buffet's Berkshire Hathaway reduced its stakes in major companies, including Bank of America.

 

[Bliksis]

Reduced stakes in various companies, of which some are banks = dumping banks.

Is he kissing the goodbye?

Great work, woman.

 

[Pegging]

The article is all over the place.

An idea for one is why a value fund will hold 28% in one share. Being Apple.
17% in Amex and 11% in Bank of America is also risky.
So 56% in just 3 shares.

And he never liked Apple.

Holding more than 10% in one share is risky.

 

[Bliksis]

The article is all over the place.

An idea for one is why a value fund will hold 28% in one share. Being Apple.
17% in Amex and 11% in Bank of America is also risky.
So 56% in just 3 shares.

And he never liked Apple.

Holding more than 10% in one share is risky.

So you mean to tell us he dumped apple more than banks?

 

[Pegging]

So you mean to tell us he dumped apple more than banks?

Nope, he didn’t dump Apple.

He was known to not buy tech stocks because he said he doesn’t understand them.
Now he has over a quarter of his fund in Apple.