Oracle of Omaha cuts his stakes in Goldman Sachs and JP Morgan.
Warren Buffett, the Oracle of Omaha, has reduced his holdings in Goldman Sachs and JP Morgan Chase & Co. In the most recent regulatory filings, Berkshire Hathaway revealed that it had sold down 84% of its Goldman Sachs stock. At the same time it also reduced its stake in JP Morgan by a not insubstantial … Read more