Warren Buffett has stepped down as CEO of Berkshire Hathaway, selling more stock than buying for 12 quarters due to valuation concerns. He transitioned CEO duties to Greg Abel on Jan. 1. Recent SEC filings show continued sales of Apple and Bank of America shares, raising cash for new investments. Buffett’s team bought Alphabet shares, seeing growth potential in its digital advertising business and strong cash flow generation. Despite high valuations, Alphabet remains an attractive investment with potential for further growth. Buffett’s sales and new investments reflect his strategic approach to managing Berkshire’s portfolio.

Read more at Nasdaq: Before Retiring, Warren Buffett Sold Apple and Bank of America Stock and Bought This Incredible Stock That’s Up 78% in 6 Months