Warren Buffett Trims Goldman, Wal-Mart Investments

The transcript discusses Warren Buffett's decision to trim stakes to raise cash for acquiring Precision Castparts, despite Berkshire Hathaway's substantial cash reserves. Analysts speculate on the reasons behind this move, noting its potential impact on stock prices. The discussion also covers Standard and Poor's review of Berkshire's credit rating due to the acquisition. Buffett's investment philosophy is explored, highlighting his flexibility in stock holdings. Additionally, Berkshire's new major shareholding in AT&T, resulting from the DIRECTV merger, is mentioned.

What was the reason given by Warren Buffett for trimming his stakes in certain companies?

How much is Warren Buffett planning to pay for Precision Castparts?

What impact does Warren Buffett's investment decisions tend to have on the stock prices of the companies involved?

What was Standard and Poor's response to Berkshire Hathaway's acquisition plans?

How common is it for Warren Buffett to trim his portfolio, and what factors influence this decision?