Berkshire Hathaway has not yet sold its stake in Bank of America. Here’s what this tells long-term investors.
Now that Warren Buffett’s reign in Berkshire Hathaway (NYSE: BRKA)(NYSE: BRKB) has ended after more than six decades, attention has focused on its new CEO, Greg Abel, and how his strategies may differ from Buffett’s. Since Buffett’s departure, Berkshire has made notable moves, including exiting 16 positions in the first quarter, with giants like Visa…