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.
6 CommentsShow all comments
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