Billionaire Warren Buffett Sold 45% of Berkshire's Stake in Bank of America and Is Piling Into a Famed Consumer Brand That's Soared 6,600% Since Its IPO
The Oracle of Omaha has dumped almost 465 million shares of Bank of America stock since mid-2024, and has purchased shares of a consumer-facing juggernaut for five consecutive quarters.For most investors, earnings season is the most meaningful quarterly event. This is the six-week period where a majority of S&P 500 companies announce their operating results for the latest quarter, providing investors with insight into the health of corporate America.But a strong argument can be made that the filing of Form ...