Investing Updates: Berkshire Hathaway Trims Apple, Bank of America

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Berkshire Hathaway’s Q3 updates reveal Warren Buffett’s cautious strategy amid overvalued markets, reflected in record cash reserves of $325.2 billion. The company trimmed stakes in Apple (down to 26.24% of its portfolio) and Bank of America, while fully exiting Ulta Beauty. In contrast, Buffett expanded holdings in SiriusXM to 32% and initiated positions in Domino’s Pizza and Pool Corporation, targeting undervalued stocks. These moves highlight Buffett’s preference for value investments in less overheated sectors, against a backdrop of high S&P 500 valuations and a surging “Buffett indicator” signaling potential market overvaluation.