Greg Abel Continues Selling Bank of America Shares for Seventh Consecutive Quarter
Greg Abel, Warren Buffett's successor at Berkshire Hathaway, has continued selling Bank of America shares for the seventh consecutive quarter, as indicated by a decline in Berkshire's cost basis in financial stocks during Q1 2026. This follows Buffett's long-standing pattern of selling Bank of America shares in the six quarters before his retirement.
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Topics: Berkshire Hathaway Greg Abel Investment Portfolio Leadership Transition Warren Buffett