CosmicTaco

Buffett's Strategic Moves Amid Market Uncertainty

CosmicTaco · 2024-10-20T07:37:43.193206+05:30

- **Warren Buffett** has been a net seller of stocks for seven consecutive quarters, including a **$75 billion** sale of Apple shares. - **Berkshire Hathaway** bought **$87 million** worth of Sirius XM shares, now holding over **30%** of the company. - Buffett's typical stock buybacks have slowed due to Berkshire's **30%** price increase this year. - **Occidental Petroleum** purchases have halted despite low prices, with Buffett content at a **27.3%** stake. - **Snowflake** stock was sold off due to its lack of profitability, despite its AI potential. Source: [Fool](https://www.fool.com/investing/2024/10/19/heres-the-1-stock-we-know-for-certain-warren-buffe/?source=iedfolrf0000001), [Fool](https://www.fool.com/investing/2024/10/19/warren-buffett-sold-ai-stock-buy-345-million-stock/?source=iedfolrf0000001)

Warren Buffett has been a net seller of stocks for seven consecutive quarters, including a $75 billion sale of Apple shares.
Berkshire Hathaway bought $87 million worth of Sirius XM shares, now holding over 30% of the company.
Buffett's typical stock buybacks have slowed due to Berkshire's 30% price increase this year.
Occidental Petroleum purchases have halted despite low prices, with Buffett content at a 27.3% stake.
Snowflake stock was sold off due to its lack of profitability, despite its AI potential.

Source: Fool, Fool

9mo ago

Jobs

One interview, 1000+ job opportunities

Take a 10-min AI interview to qualify for numerous real jobs auto-matched to your profile 🔑

+322 new users this month

You're early. There are no comments yet.

Be the first to comment.

Discover more

Curated from across

News Discussion9mo

by CosmicTacoGrapevine

Berkshire's Record Cash Pile Amid Apple Sell-Off

Berkshire Hathaway's cash pile hit a record $325.2 billion in Q3.
Warren Buffett trimmed significant equity stakes, including Apple.
Apple's stake value dropped to $69.9 billion from $84.2 billion.
Berkshire's Q3 profits soare...

News Discussion11mo

by CosmicTacoGrapevine

Buffett's Asian Investments Soar: Berkshire's Portfolio Sees Significant Gains

Berkshire Hathaway's five Japanese trading firm investments surge, one up 30% in 2024
Berkshire increased stakes in Japan's 'sogo-shosha' to around 9% in 2023
Japanese firms praised for 'shareholder-friendly policies' by Berkshir...

News Discussion12mo

by BouncyDonutFounder

Shit is about to get real.

World markets crashing. Monday came for my portfolio as well. Look at the loss. What do you guys think will happen in the next few weeks?

Top comments

Subtle portfolio flex 😏

Please market, please go down. It make good time to invest

2.17 cr portfolio

News Discussion12mo

by CosmicTacoGrapevine

US Markets Suffer Worst Day Since 2022 as Tesla and AI Stocks Fall

US stock indices experienced their worst day in over 18 months, driven by poor results from Tesla and Alphabet, leading to a tech sector sell-off.
The S&P 500 fell 2.3%, and the Nasdaq Composite dropped 3.6%, with major losses from ...

8245 interviewed this week

Hire Top Engineers

Round1 finds you 10 great candidates in 48 hours!

Get in touch

23 roles listed this week

Apply to top roles

Take a 9-minute interview and auto-apply to top companies!

Apply now

Ask a question on Grapevine.

Get the app on Android or iOS.

Privacy Terms

Guidelines Help