DiscoverInvestTalkWarren Buffett Sells $1.48B in BoA: Why Now?
Warren Buffett Sells $1.48B in BoA: Why Now?

Warren Buffett Sells $1.48B in BoA: Why Now?

Update: 2024-07-251
Share

Description

Warren Buffett recently sold approximately $1.48 billion worth of Bank of America shares, marking his first sale since 2019. Buffett's decision may reflect cash management for succession planning, concerns over rising corporate taxes, and potential dissatisfaction with Bank of America's recent performance amidst significant unrealized losses. What does this mean for investors?

 

Today's Stocks & Topics: HSY - Hershey Co., Market Wrap, CAVA - CAVA Group Inc., I-R-A Money, Warren Buffett Sells $1.48B in BoA: Why Now?, FLTR - VanEck IG Floating Rate ETF, AOS - A.O. Smith Corp., U.S. Economy, S&P 500, TWLO - Twilio Inc. Cl A, Trading and Election News, UPS - United Parcel Service Inc. Cl B, COPX - Global X Copper Miners ETF, GDX - VanEck Gold Miners ETF, UFPI - UFP Industries Inc.



Our Sponsors:
* Check out Fabric: fabric.com/INVESTTALK
* Check out Moorings: moorings.com
* Check out eBay Auto: www.ebay.com


Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy
Comments 
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

Warren Buffett Sells $1.48B in BoA: Why Now?

Warren Buffett Sells $1.48B in BoA: Why Now?

Hosts Justin Klein & Luke Guerrero | Wealth Managers and Investment Advisors