Berkshire Hathaway Continues to Offload Bank of America Shares

Berkshire Hathaway, led by Warren Buffett (Trades, Portfolio), has disclosed through recent regulatory filings that it sold $383 million worth of Bank of America shares over the past three trading days. This marks the 14th round of Bank of America stock sales by Berkshire since mid-July, with total proceeds exceeding$10 billion.Despite these sales, Berkshire Hathaway still retains approximately a 10.1% stake in Bank of America, valued at around $31.4 billion. ...