December 2, 2024 - 04:01
Warren Buffett's investment firm, Berkshire Hathaway, has made headlines this year by selling an impressive $133 billion worth of stocks through the first three quarters of 2024. This notable activity marks a significant increase in the pace of selling compared to previous years. A substantial portion of these sales can be attributed to Berkshire's largest holding, Apple, which has seen considerable adjustments in its stake. Furthermore, the company has also reduced its investment in Bank of America, another major player in its portfolio.
Despite these significant divestitures, Buffett has chosen to hold onto certain key investments, emphasizing a long-term strategy that prioritizes stability and growth. While the sales have raised eyebrows among investors, they reflect a calculated approach to portfolio management. As the market continues to evolve, all eyes will be on how Berkshire Hathaway navigates its remaining investments and what future moves Buffett will make in response to changing economic conditions.
September 20, 2025 - 00:15
Robbinsdale School Board to Explore Options Amid Financial ChallengesThe Robbinsdale School Board is set to discuss recommendations aimed at `reimagining` the district as it grapples with significant financial challenges. With declining enrollment numbers and a...
September 19, 2025 - 03:01
Current Mortgage Rates and Offers from Major BanksIn the ever-evolving landscape of mortgage lending, several prominent banks are now offering competitive rates and deals for prospective homeowners. HSBC, NatWest, Santander, and Barclays are among...
September 18, 2025 - 09:36
Surge in Tokenized Assets Projected to Reach $19 Trillion by 2033The tokenization of real-world assets (RWAs) is rapidly gaining traction as innovative trading platforms, such as Robinhood Markets, start to offer tokenized stocks to international investors. This...
September 17, 2025 - 19:17
President Trump Enacts Legislation to Regulate "Trigger Leads" in Mortgage SectorPresident Trump has officially signed into law a bill aimed at curbing the use of `trigger leads` within the mortgage industry. This significant legislation is set to take effect in March, marking...