Latest Berkshire Hathaway Financial Report!
Berkshire Hathaway's third-quarter financial report shows that the company's operating profit decreased by 6.2% year-on-year to $10.09 billion, falling short of market expectations of $10.9 billion. Net profit was $26.25 billion.
Warren Buffett sold $14.3 billion worth of Apple stock (AAPL) in the third quarter of 2024.
This means that Warren Buffett's Berkshire Hathaway has sold approximately $100 billion worth of Apple stock over the past two quarters.
Warren Buffett currently holds a record $325.2 billion in cash, which exceeds the market value of all companies globally except for 27 listed companies. So what is he waiting for? 🧐
Oh, I'm almost out of bullets!! I should learn Buffett's patience! 🥲
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