Buffett's Berkshire Hathaway offloads more of its Bank of America stake
Investing.com -- Warren Buffett's Berkshire Hathaway (NYSE: BRKa) has sold off a roughly $900 million tranche of its stake in Bank of America this week, lowering its holdings in America's second-biggest lender closer to a key reporting threshold.
Ajit Jain Sells Over Half His Berkshire Hathaway Stake: A Warning for Warren Buffett's Empire?
Jain was subsequently named vice chairman in 2018 alongside Greg Abel, who is now deemed to be Buffett's successor as CEO when Buffett steps down. That's a title granted only to Jain, Abel, and the late Charlie Munger.
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