CosmicTaco

Buffett's Strategic Moves Amid Market Uncertainty

CosmicTaco · 2024-10-20T07:37:43.193206+05:30

- **Warren Buffett** has been a net seller of stocks for seven consecutive quarters, including a **$75 billion** sale of Apple shares. - **Berkshire Hathaway** bought **$87 million** worth of Sirius XM shares, now holding over **30%** of the company. - Buffett's typical stock buybacks have slowed due to Berkshire's **30%** price increase this year. - **Occidental Petroleum** purchases have halted despite low prices, with Buffett content at a **27.3%** stake. - **Snowflake** stock was sold off due to its lack of profitability, despite its AI potential. Source: [Fool](https://www.fool.com/investing/2024/10/19/heres-the-1-stock-we-know-for-certain-warren-buffe/?source=iedfolrf0000001), [Fool](https://www.fool.com/investing/2024/10/19/warren-buffett-sold-ai-stock-buy-345-million-stock/?source=iedfolrf0000001)

Warren Buffett has been a net seller of stocks for seven consecutive quarters, including a $75 billion sale of Apple shares.
Berkshire Hathaway bought $87 million worth of Sirius XM shares, now holding over 30% of the company.
Buffett's typical stock buybacks have slowed due to Berkshire's 30% price increase this year.
Occidental Petroleum purchases have halted despite low prices, with Buffett content at a 27.3% stake.
Snowflake stock was sold off due to its lack of profitability, despite its AI potential.