Berkshire Hathaway Nears Disclosure Threshold in Bank of America Sell-Off

Berkshire Hathaway, led by Warren Buffett, has been steadily decreasing its stake in Bank of America. Once their stake falls below 10%, Berkshire will no longer be required to immediately disclose these sales, potentially reducing volatility in Bank of America`s stock price. Despite the recent sales, Berkshire remains Bank of America`s largest shareholder.