Warren Buffett's Recent Sell Decisions: The Impact on Apple and Paramount Global Stocks

Warren Buffett's Recent Stock Sell-Offs

The sell button loomed large for Warren Buffett and his investment team during the March-ended quarter. In the nearly six decades Warren Buffett has led Berkshire Hathaway, he's delivered close to a 4,900,000% aggregate return to his company's Class A shareholders, and practically doubled the annualized total return, including dividends, of the broad-based S&P 500.

Apple: Approximately 115 Million Shares Sold

The most surprising admission was that Buffett and his team jettisoned approximately 115 million shares of Apple during the first quarter, potentially due to anticipated tax policy changes.

Paramount Global: Sold Entire Stake

Buffett confessed to selling the entire stake in Paramount Global, citing challenges in the media industry and potential acquisition talks.

Chevron: Minor Share Sale

Buffett's team sent around 3 million shares of Chevron to the chopping block during the first quarter, likely for minor profit-taking reasons.