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Buffett Amasses A $325 Billion Cash Pile, Halts Berkshire Buybacks

Summary

The broad market has seen significant gains in 2024, but Buffett has been selling off stocks, including Apple and Bank of America, possibly anticipating lower interest rates. His focus on ROE and competitive advantage remains strong, but finding bargains has become challenging.

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Article published on November 5, 2024 by benzinga