• Warren Buffett Sells $1.48B in BoA: Why Now?

  • Jul 25 2024
  • Length: 46 mins
  • Podcast

Warren Buffett Sells $1.48B in BoA: Why Now? By cover art

Warren Buffett Sells $1.48B in BoA: Why Now?

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  • Summary

  • Warren Buffett recently sold approximately $1.48 billion worth of Bank of America shares, marking his first sale since 2019. Buffett's decision may reflect cash management for succession planning, concerns over rising corporate taxes, and potential dissatisfaction with Bank of America's recent performance amidst significant unrealized losses. What does this mean for investors?

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