Warren Buffett is sitting on over $325 billion cash as Berkshire Hathaway keeps selling Apple stock
Warren Buffett is now sitting on more than $325 billion cash after continuing to unload billions of dollars worth of Apple and Bank of America shares this year and continuing to collect a steady stream of profits from all of Berkshire Hathaway’s assort...
Berkshire said it sold off about 100 million more Apple shares in the third quarter after halving1 its massive investment in the iPhone maker2 last quarter.
The remaining stake of roughly 300 million shares was
valued at $69.9 billion at the end of September remains3 Berkshire's biggest single investment, but it has been cut drastically since the end of last year when it was worth $174.3 billion.
1 halving ['hɑ:vɪŋ] 第9级 | |
n.对分,二等分,减半[航空、航海]等分v.把…分成两半( halve的现在分词 );把…减半;对分;平摊 | |
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