Berkshire Hathaway is dumping Apple stock and building its cash stockpile to record highs because Warren Buffett believes the government will raise capital gains taxes soon
- Posted on November 4, 2024
- By Fortune
- 3 Views
Berkshire Hathaway is dumping Apple stock and building its cash stockpile to record highs because Warren Buffett believes the government will raise capital gains taxes soon
The company’s cash and short-term treasuries now outweigh the market value of its equities.