Does the "stock god" stop buying stocks?

In the second quarter of this year, Berkshire Hathaway reduced its stake in Apple shares by more than 389 million shares, with the number of shares falling to 400 million from 789 million in the first quarter, a decrease of 49.3% from the previous quarter, nearly decimating the stock.

Warren Buffett's Berkshire has stepped up its efforts to sell shares of Bank of America (BAC), having dumped more than $3.8 billion of BAC stock since mid-July.

Buffett and Munger have held BYD for 14 years and sold below 5% in less than two years.

Shortly after Monday's opening, a technical malfunction occurred on the New York Stock Exchange, causing Buffett's Berkshire Hathaway A-share price to plummet to $185.10, or 99.97%.

According to the documents, as of March 31, Berkshire holds over 25.9 million shares of Anda Insurance, valued at approximately $6.7 billion. Anda Insurance has also become Berkshire's ninth largest holdings.

Recently, Buffett's Berkshire Hathaway released its first quarter 2024 financial report before the opening of the Q&A session at the shareholders' day meeting. According to the financial report, Berkshire Hathaway's cash reserves reached a record $189 billion in the first quarter, compared with $167.6 billion at the end of last year. Among them, the value of Apple's holdings fell from US$174.3 billion to US$135.4 billion. Buffett said this was for tax reasons because of the substantial gains from the investment, not because of his long-term judgment on the stock.

The annual Buffett shareholders meeting was held from May 3rd to 5th Eastern Time in the small town of Omaha, USA.