Billionaire investor Warren Buffett has shifted his investment strategy, investing $459 million in Sirius XM (NASDAQ:SIRI) ...

The Oracle of Omaha has jettisoned more than 401 million shares of Bank of America stock since mid-July 2024, and built up a ...

Billionaire Warren Buffett is pouring hundreds of millions of dollars into a single investment after creating a huge cash ...

Warren Buffett has guided Berkshire Hathaway ( BRK.A -0.07%) ( BRK.B 0.60%) to immense success during the past six decades, ...

Some may be confused as to why Buffett may be selling Bank of America. After all, its P/E ratio is much lower at 15, which is not particularly high or low for a bank.

Buffett exercised those warrants in 2017 to buy 700 million shares, when Bank of America increased its dividend such that owning the common stock paid more than holding the preferred shares.

Warren Buffett's Berkshire Hathaway sold off more shares of Bank of America, according to a regulatory filing. This latest sales on Friday, Monday, and Tuesday totaled 5.8 million shares valued at ...

Billionaire investor Warren Buffett’s Berkshire Hathaway sold nearly $1 billion worth of Bank of America shares as his firm continues to cut its stake in the second-largest US lender.

Warren Buffett is now Bank of America's largest shareholder after exercising warrants to buy 700 million shares in the lender. A legacy of Buffett's 2011 $5 billion infusion into Bank of America ...

The Bank of America transaction isn't the first time Buffett has profited from special deals he made with ailing financial titans in connection with the 2008-09 financial crisis.

On July 17, Warren Buffett began dumping shares of Bank of America (also known as "BofA"). Between July 17, 2024 and March 31, 2025, Berkshire's billionaire chief sent more than 401 million shares ...