
Amar Adiya
20dWarren Buffett just liquidated his position in a number of high-profile, blue chip stocks
thestreet.com
Warren Buffett's Berkshire Hathaway sold nearly $7 billion worth of stocks in the third quarter, including its stakes in General Motors, Johnson & Johnson, Mondelez International, United Parcel Service, and Procter & Gamble.
The company also reduced its holdings in Amazon and Chevron, while maintaining a strong position in Apple, Bank of America, American Express, Coca-Cola, and Chevron.
Berkshire Hathaway ended the third quarter with a record cash pile of $157.2 billion, with most of it invested in short-term U.S. Treasury bills.
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