Warren Buffett is so revered the move could prove unsettling for the broader stock market.
market — both because the investor is so revered and because there has been little positive financial news lately.
That gave investors the impression that Buffett might hold onto Apple indefinitely like he has with the Coca-Cola and American Express shares he bought decades ago.Billionaire Warren Buffett has slashed Berkshire Hathaway's massive Apple stake. As a result, Buffett is now sitting on nearly $US277 billion in cash, up from what was already a record $US5189 billion just three months earlier.
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