Warren Buffett's Berkshire Hathaway Sells Record $132 Billion in Stocks

The investment giant's unprecedented move raises questions about market valuations and future strategies.

Berkshire Hathaway sold $75.5 billion in equities in Q2 2024, the highest ever for the company in a single quarter.
Apple, previously Berkshire's largest holding, saw a significant reduction in shares, with the stake halved since December 2023.
The selling spree has increased Berkshire's cash reserves to a record $277 billion.
Buffett cited potential future tax hikes as a reason for the large-scale selling activity.
Despite the sell-off, Buffett remains optimistic about the long-term prospects of the U.S. economy and stock market.