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Investment company of world-famous investor Warren Buffett Berkshire Hathawayheld a meeting for the third quarter of the year. The company made an unexpected statement during this meeting. According
Investment company of world-famous investor Warren Buffett Berkshire Hathawayheld a meeting for the third quarter of the year. The company made an unexpected statement during this meeting. According to the statement, Berkshire Hathaway will continue to sell Apple shares in the third quarter of the year. continued.
In the second quarter of the year there were tensions between Apple and Berkshire Hathaway. Because Berkshire Hathaway sold its Apple shares this quarter had halved it. The latest news showed that this situation continued into the third quarter. According to the statement, Berkshire Hathaway lost its Apple shares in the third quarter of the year. another 25 percent threw it away. Warren Buffett said nothing about Apple.
According to data shared at the meeting, Berkshire Hathaway is currently the leader 325.2 billion dollars hold cash. Moreover, despite all this money, the company didn’t even buy its own shares. In the statement made, for the purchases no rush was expressed.
What steps will Berkshire Hathaway take in the final quarter of the year? not sure. However, the statement suggests that share sales may continue or existing positions may be maintained. let’s see three months laterwhat kind of explanation will we encounter?
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Source: Web Tekno
Alice Smith is a seasoned journalist and writer for Div Bracket. She has a keen sense of what’s important and is always on top of the latest trends. Alice provides in-depth coverage of the most talked-about news stories, delivering insightful and thought-provoking articles that keep her readers informed and engaged.
