It wasn’t just Apple shares that Buffett-led Berkshire Hathaway sold last year. The company also cut its stake in Bank of America by 34 per cent. Since then, Apple and Bank of America have seen their share prices decline by 15 per cent and 20 per cent respectively,

Warren Buffetts decision to cut his Apple holdings and amass a record cash reserve of $334 billion has sparked intense discussion in financial circles. The move, which saw a net sale of $134 billion in stocks last year,