Warren Buffett Sells Major Stocks

Warren Buffett, the renowned investor and chairman of Berkshire Hathaway, has significantly reduced his stock holdings, marking three consecutive years of being a net seller. This strategic shift comes as a new CEO is set to assume leadership at Berkshire. Recently, Buffett orchestrated a major stock sell-off valued at $24 billion, including $6 billion in a notable exit, signaling caution in the current market conditions. These actions reflect Buffett's strategic adjustments as he prepares for a leadership transition, prompting investors to analyze the implications of these large-scale stock sales for the market and Berkshire's future direction.