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Buffett really wants to liquidate his position in Bank of America? This week, he sold for three consecutive days and cashed out a total of $760 million! Since mid July, the "stock god" Buffett has been selling a large amount of stocks in Bank of America, the second largest bank in the United States, seemingly showing signs of liquidation. In consecutive sell offs, Buffett has accumulated about $6.97 billion in cash, making Berkshire Hathaway's cash reserves even stronger. According to a new document submitted to the SEC, Berkshire Hathaway reduced its holdings of Bank of America shares for three consecutive trading days on September 3, 4, and 5, 2024, totaling 18.746 million shares and cashing out approximately $760 million. Bank of America is Berkshire Hathaway's third largest holding.
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