Buffett's Apple Sell-Off Fuels Berkshire's $97B Cash Reserve

Warren Buffett has reduced his stake in Apple and other stocks, resulting in a $97 billion gain for Berkshire Hathaway, raising its cash reserves to $325 billion. This move has sparked speculation among analysts about Buffett's motives, with theories ranging from adhering to value investing principles to preparing for a potential crisis or succession planning. Despite the cash buildup, Buffett has not been actively pursuing major acquisitions or providing capital to large US businesses.