Warren Buffett Just Sold These 4 Big Bank Stocks
Warren Buffett has a huge following within the investing community, as his track record at Berkshire Hathaway is among the best in the business. Because Buffett is famous for trying to hold on to his best stock picks as long as possible, it's always noteworthy when the Oracle of Omaha decides to pull the trigger and sell some of his holdings.
Fortunately, those watching Buffett get a chance every three months to see the latest moves from Berkshire. Thanks to the quarterly disclosure rules that require Berkshire to file Form 13F, you can have a front-row seat with the rest of the world, as Buffett just announced his company's latest moves. Among the eight stocks in which he sold part of his holding, four bank stocks stand out -- including big reductions in two of them.
Image source: The Motley Fool.
Source Fool.com
