Warren Buffett Just Sold $4 Billion of Apple Stock. He Used $1.5 Billion of the Money to Buy This Beaten-Down Stock.
The Motley Fool·2025-08-30 16:44The "Oracle of Omaha" swapped iPhones for insurance in the latest quarter.Investing always requires trade-offs. For every stock bought, another stock goes unbought. And sometimes, another stock was sold to buy a stock.That's exactly what happened for Warren Buffett recently. The legendary investor sold around 1.5 billion of that amount to buy a beaten-down blue chip stock. Swapping iPhones for insuranceIf you haven't alr ...