Berkshire Hathaway’s top holdings include Apple and Bank of America, but the company has been reducing its stake in these companies. Warren Buffett is retiring at 95 after leading Berkshire Hathaway since 1965. The company has over $300 billion in U.S. Treasury bills. Selling shares now could be beneficial due to favorable corporate tax rates. Berkshire Hathaway’s investments in Apple and Bank of America have decreased, with over 238 million Apple shares and 568 million Bank of America shares. The company is focusing on U.S. Treasury bills for liquidity, holding $320.5 billion in T-bills at the end of the third quarter.
Berkshire Hathaway’s decision to sell Apple and Bank of America shares may be due to high valuations and a competitive business environment. The company is prioritizing liquidity, with $320.5 billion in T-bills, earning around 3.9% interest annually. This move allows flexibility for future opportunities and provides incoming CEO Greg Abel with capital. Investors looking to buy Berkshire Hathaway stock should consider other options, as the company is not among the 10 best stocks identified by the Motley Fool Stock Advisor analyst team. The team’s top 10 picks have historically outperformed the market significantly.
Read more at Nasdaq: Warren Buffett Dumps Apple and Bank of America to Pile Into This High-Yield Investment
