Billionaire investor Warren Buffett cuts Apple and Bank of America holdings, warns against market risks.

Warren Buffett recently reduced his holdings in Apple and Bank of America, cutting them by 25% and 23% respectively. Despite a booming market fueled by lower interest rates and AI stocks, Buffett has warned against "casino-like behavior," suggesting investors should be cautious and focus on long-term quality stocks. His actions highlight the market's high valuations and the importance of selective investing.

December 01, 2024
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