MichealKnight
Full time employment: Posting here.
- Joined
- May 2, 2019
- Messages
- 520
https://www.cnbc.com/2022/11/10/war...8-billion-of-longtime-holding-us-bancorp.html
"Berkshire started unloading its bank stocks this year, exiting positions in JPMorgan, Goldman and Wells Fargo. The conglomerate still owned a sizable stake in Bank of New York Mellon at the end of the second quarter."
Article also says he sold US Bancorp - because BRK's stake fell below 5%.
Financials I have small holdings of: Goldman, JPM, BAC. Also regionals such as Truist, Fifth Third. Regions.
Wondering - what it means - that he sold a decent amount of financials.
"Berkshire started unloading its bank stocks this year, exiting positions in JPMorgan, Goldman and Wells Fargo. The conglomerate still owned a sizable stake in Bank of New York Mellon at the end of the second quarter."
Article also says he sold US Bancorp - because BRK's stake fell below 5%.
Financials I have small holdings of: Goldman, JPM, BAC. Also regionals such as Truist, Fifth Third. Regions.
Wondering - what it means - that he sold a decent amount of financials.