TechFlow news, November 15 — According to Jinshi citing the Financial Times, Berkshire Hathaway, led by Buffett, disclosed a $4.3 billion stake in Alphabet, making it the tenth-largest position in its portfolio, as the company reduced its holdings in Apple. This could be one of Berkshire's final new stock positions before Buffett retires at the end of this year. The move somewhat deviates from Buffett's philosophy of favoring long-term value stocks over high-growth companies. Meanwhile, Buffett sold approximately $11 billion worth of Apple shares in the third quarter. Aside from Apple and now Alphabet, Berkshire Hathaway’s largest stock holdings do not include investments in major technology firms. Its other top positions, including American Express, Bank of America, and Coca-Cola, remained largely unchanged during the third quarter.
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