Warren Buffett's final season as CEO: Berkshire Hathaway becomes a net seller of stocks

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  1. Large-scale reduction in technology and banking holdings: Berkshire continues to significantly cut its positions in Apple and Bank of America. 2. Apple position dramatically changed: Since summer 2023, Apple’s holdings have decreased by over 75%, but it still ranks first with a market value of $60.3 billion. The gap between American Express, ranked second, and Apple’s market value has narrowed from $150 billion to less than $8 billion. 3. Contrarian increase: The company has increased its holdings in Chevron and insurance giant Chubb, and for the first time in six years, bought back newspaper stocks—the New York Times. 4. Legal settlement: Berkshire’s subsidiary, PacifiCorp Power, has agreed to pay $575 million to settle federal claims related to wildfires it caused.
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