Warning: Some posts on this platform may contain adult material intended for mature audiences only. Viewer discretion is advised. By clicking ‘Continue’, you confirm that you are 18 years or older and consent to viewing explicit content.
Famed investor Warren Buffett cut his firm's Apple holdings by 13% in the first quarter of 2023, as analyst consensus was that the iPhone was seeing declining demand.
He also sold before the buyback which caused the stock to raise 7%~. If he was insider trading, it would have made sense to purchase before a buyback, then sell afterwards.
That’s a pretty serious accusation- and I don’t think it’s likely that he has survived this long based on insider trading
He also sold before the buyback which caused the stock to raise 7%~. If he was insider trading, it would have made sense to purchase before a buyback, then sell afterwards.