In fact, Buffett's been a net seller of stocks for seven consecutive quarters beginning with Q4 2022. Considering the size of his Bank of America stock sale, Berkshire will likely confirm an eighth-straight quarter when it reports its earnings next month.

Warren Buffett’s conglomerate has added another zero to its haul from a months-long selling spree of Bank of America Corp. stock.

Warren Buffett has never claimed to be able to predict what the stock market would do over the near term. In a 2008 op-ed for The New York Times, he wrote, "I can't predict the short-term movements of the stock market. I haven't the faintest idea as to whether stocks will be higher or lower a month, or a year, from now."

Warren Buffett's Berkshire Hathaway has now made over $10 billion from selling its Bank of America shares. In the latest round, it earned $383 million.

Warren Buffett's Berkshire Hathaway is buying the rest of its utility unit from the estate of a longtime board member who died three years ago, but it's not clear exactly how much it will pay for the 8% stake.

Although the Oracle of Omaha is an unwavering optimist, his actions over the last two years tell a different story.