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Warren Buffett’s Apple share sales and cash pile spark intrigue over motives

Berkshire Hathaway has investors asking questions after filling its coffers by unwinding its most profitable trade
Berkshire amassed a 5.9% stake in Apple, worth nearly $178bn at its peak

Warren Buffett is unwinding his most profitable trade in history, filling Berkshire Hathaway’s coffers with cash. But it is unclear if the Oracle of Omaha is ready to go elephant-hunting with his recent bounty.

Buffett last Saturday revealed that he had continued to slash his position in iPhone maker Apple and other stocks in the third quarter, generating $97bn in gains for Berkshire Hathaway, the sprawling industrial-to-insurance conglomerate he has controlled since 1965.

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