Summary
A fresh round of disposals disclosed late Friday trimmed the conglomerate’s stake in the bank down to 11.4%. So long as Berkshire holds more than 10%, US rules require it to reveal transactions within a few days.
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So what's wrong with BofA that we all need to know about?
Seems like it might be a tax play since he believes they're going to go up
That actually makes sense. Reap profits to a comfortable position and save on taxes before Dems raise them.
It's smart to be able to take advantage of loopholes like that
Something only the rich can do
Probably thinks it's overvalued at this point