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Berkshire Buys Shares of Alphabet and Further Pares Apple Stake

1. Berkshire added 17.8 million Alphabet shares in Q3. 2. Company shrank its stake in Apple by 41.8 million shares. 3. Berkshire has become a net seller for 12 quarters. 4. Buffett praises successor Greg Abel as a capable leader. 5. BRK shares gained 12% this year, lagging S&P 500.

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FAQ

Why Neutral?

Berkshire Hathaway's portfolio reshuffle shows mixed sentiment, offsetting bullish Alphabet gains with Apple reductions.

How important is it?

The article reflects important strategic decisions under Buffett and signals future directions under Abel, influencing investor sentiment.

Why Long Term?

The leadership transition signifies potential strategic shifts that may impact long-term investment outcomes.

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