Warren Buffet's Berkshire Hathaway Sheds Apple, Paramount Stock from hot stocks to buy 2019 Watch Video
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⏲ Duration: 0:35 👁 View: 3.1M times ✓ Published: 14-May-2024
Description: Warren Buffett has been selling more stocks than buying from Berkshire Hathaway's portfolio for the last 6 quarters, including selling a portion of his Apple stake and all of his Paramount shares. Buffett trimmed 13% of Berkshire's Apple position, still the largest holding, to take tax losses now ahead of potential future tax increases. Berkshire no longer sees Paramount as having the right assets to be a successful entertainment company. Berkshire's main stock purchases were adding to its Liberty SiriusXM tracking stock position and Occidental Petroleum stake.
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