Warren Buffett Sold This Stock, but I Think He's Completely Wrong

Heading into 2023, Warren Buffett-led Berkshire Hathaway's (BRK.A 1.42%) (BRK.B 1.11%) had a substantial investment in General Motors (GM -1.68%). According to Berkshire's SEC filings, the conglomerate owned 50 million shares of GM at the beginning of that year, worth about $1.7 billion at the time.Throughout 2023, Buffett unloaded all of Berkshire's General Motors stock. However, I think he made the wrong decision. Not only is General Motors up by more than 55% since the end of the quarter when Berkshire s ...