Warren Buffett Amasses Record Cash Pile by Selling Apple and Bank of America Stocks

Berkshire Hathaway's cash reserves exceed $325 billion amid market volatility and strategic stock sales.

Warren Buffett's Berkshire Hathaway has significantly reduced its holdings in Apple and Bank of America, generating $133 billion from stock sales this year.
The cash reserves of Berkshire Hathaway have reached a historic high of over $325 billion, largely invested in short-term Treasury bills.
Berkshire's operating earnings for the third quarter fell to $10.1 billion, but investment gains boosted overall profits to $26.25 billion.
Buffett's strategic sales are partly influenced by expectations of higher future tax rates and market uncertainties surrounding the upcoming presidential election.
Despite the cash buildup, Berkshire Hathaway paused share repurchases as its stock price hit a record high, reflecting Buffett's cautious investment approach.