A shift from growth to value stocks since mid-July leaves investors searching for the next high-momentum play
(Bloomberg) -- Berkshire Hathaway Inc.’s vice chair of insurance operations, Ajit Jain, sold $139 million worth of his Class A shares in Warren Buffett’s conglomerate.Most Read from BloombergHousing’s Worst Crisis in Decades Reverberates Through 2024 RaceHow Americans Voted Their Way Into a Housing CrisisFor Tenants, AI-Powered Screening Can Be a New Barrier to HousingAfter a Record Hot Summer, Pressure Grows for A/C MandatesChicago Halts Hiring as Deficit Tops $1 Billion Through 2025Jain, one o
Berkshire Hathaway (BRK-A, BRK-B) continues to reduce its position in Bank of America (BAC). Warren Buffett's holding company has offloaded Bank of America stock for twelve consecutive trading sessions, with Berkshire Hathaway's stake in the bank now standing at approximately 11%. Catalysts co-hosts Seana Smith and Brad Smith break down the details. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith