Billionaire Warren Buffett is buying a “high flying” asset after significantly reducing his exposure to the US banking industry, according to a new report. The renowned investor has sold $10.5 billion of Berkshire Hathaway’s stake in Bank of America since the summer, after selling all of the firm’s JPMorgan Chase and Wells Fargo positions in […]
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source: https://dailyhodl.com/2024/11/02/billionaire-warren-buffett-pours-7800000000-into-high-flying-asset-after-dumping-bank-of-america-jpmorgan-chase-and-wells-fargo-report/