9 Tweets 4 reads Aug 04, 2024
Warren Buffett and Berkshire Hathaway $BRK.B just reported its Q2 earnings and there's some MASSIVE news within
Here's a thread with the biggest information for Buffett's Q2 earnings
NEW ALL TIME HIGH CASH POSITION - $276.9 BILLION x.com
BUFFETT SOLD 50% OF HIS APPLE x.com
Here's how Buffett and Berkshire's business units did during Q2
Berkshire also significantly slowed down its share buybacks during Q2
GEICO brought in Revenue of $10.5 Billion resulting in $1.8 Billion of earnings before income taxes in Q2
Here's what Warren Buffett's equity portfolio looked like as of the end of Q2
29.6% - Apple $AAPL
14.4% - Bank of America $BAC (He's been selling this daily over the last couple of weeks so his current %%% will be lower)
12.3% - American Express $AXP
9% - Coca Cola $KO
6.5% - Chevron $CVX
(The remaining ~28% is in other stocks)
Through the first 6 months of 2024 Warren Buffett and Berkshire Hathaway $BRK.B
Bought - $4.3 Billion worth of stock
Sold - $97.1 Billion worth of stock
Last Quarter it was $2.7B bought and ~$20B sold ... That means Warren Buffett sold net ~75.5B worth of stock during Q2
I donโ€™t want to put words in the mouth of the greatest investor of our generation
But it feels like Buffett thinks weโ€™re in for rough times ahead
@BeckyQuick we need a Buffett interview ASAP
Not included in this filing is everything he's done since the end of Q2 (June 30th) which includes selling ~$4B worth of Bank of America $BAC stock
Warren Buffett's cash pile right now is probably even higher than $276.9B ๐Ÿ˜ฎ x.com

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