Warren Buffett Has Sold Almost $2.3 Billion of Bank of America Stock -- and It's a Direct Reminder of His $56 Billion Warning to Wall Street
BACBank of America(BAC) The Motley Fool·2024-07-29 17:21

The Oracle of Omaha's short-term actions and long-term ethos don't always mesh.For almost six decades, Berkshire Hathaway (BRK.A 1.11%) (BRK.B 1.01%) CEO Warren Buffett has been putting on a clinic for Wall Street. Despite being just as fallible as any other investor, the Oracle of Omaha has overseen a greater than 5,260,000% return in Berkshire's Class A shares (BRK.A) since taking the reins in the mid-1960s.Returns of this magnitude are why 40,000 people flock to Omaha, Nebraska, every year to hear Buffet ...