Kuwait Investment Authority sells a $3.1 billion stake in Bank of America, impacting stock prices significantly.

Warren Buffett has often said to never bet against the American economy. American Express is one of Berkshire Hathaway's ...

Warren Buffett has famously referred to iPhone maker Apple ( AAPL 0.54%) as "probably the best business I know in the world." ...

Warren Buffett has shifted his investment strategy, investing $459 million in Sirius XM after selling his stakes in Bank of ...

Billionaire Warren Buffett is pouring hundreds of millions of dollars into a single investment after creating a huge cash ...

The Oracle of Omaha has jettisoned more than 401 million shares of Bank of America stock since mid-July 2024, and built up a ...

The legendary investor has shaped the world of finance for more than half a century. But despite his imminent retirement, ...

Berkshire originally acquired Bank of America stock through warrants it received when it acquired $5 billion worth of preferred stock in 2011. Buffett exercised those warrants in 2017 to buy 700 ...

Warren Buffett's Berkshire Hathaway cut its Bank of America stake and other bets last quarter. The investor's company exited two S&P 500 funds and only added one new stock, Constellation Brands.

Warren Buffett has sold approximately $325 billion worth of stock, including Apple and Bank of America. See how investors may want to look at the BAC stock sale.

This is a big reason for the valuation gap. BAC Price to Tangible Book Value data by YCharts While Bank of America is unlikely to ever catch JPMorgan, it can do better than 13.2% ROTCE.

Bank of America is far from the only company Buffett's been cutting down on. He sold over half of Berkshire's position in Apple between Q4 of 2023 and Q2 of this year.