Warren Buffets Investment Firm dumps almost 50% of its shares in Apple. - The Great Awakening

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Warren Buffets Investment Firm dumps almost 50% of its shares in Apple. (www.cnbc.com) 🔍 Notable

posted 147 days ago by Plebbitimmigrant 147 days ago by Plebbitimmigrant +36 / -0

Warren Buffett's Berkshire Hathaway sold nearly half its stake in Apple

Berkshire disclosed an $84.2 billion stake in Apple at the end of the second quarter, suggesting that Buffett offloaded more than 49% of the tech stake.

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– Plebbitimmigrant [S] 2 points 147 days ago +2 / -0

Interesting Development. Officially claiming it’s for tax purposes. But dumping half the investment in a stock that makes up a significant portion of it’s portfolio seems a drastic move to avoid taxes.

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