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Potential profit loss for Berkshire Hathaway due to Warren Buffett's CEO retirement and Apple stake sale

The Motley Fool +1 ·

BRK-A Berkshire Hathaway Inc
$759900.00 +0.23%
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BRK-B +0.14%
  1. 1Warren Buffett stepped down from his position as CEO on December 31.
  2. 2Warren Buffett sold 687,642,574 shares of Apple during his final nine quarters as CEO.
  3. 3The potential profit missed by Berkshire Hathaway due to this decision reaches up to $112 billion.

So what's the key point?

Warren Buffett retired from his role as CEO and sold a large amount of Apple stock. Because of this decision, Berkshire Hathaway could miss out on up to $112 billion in profits.

Source The Motley Fool +1 · View original ↗

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