Warren Buffett Sells 75% of Berkshire's Apple Stake, Invests in Chubb
Warren Buffett sold 75% of Berkshire Hathaway's Apple stake, reducing its value to $61.6 billion, while increasing investments in Chubb. The move is attributed to portfolio rebalancing, tax considerations, and a shift toward safer short-term U.S. Treasuries. Chubb now holds a $11.2 billion stake as Berkshire's eighth-largest holding.
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Topics: Apple Berkshire Hathaway Chubb Portfolio Rebalancing Warren Buffett