Buffett's Berkshire Hathaway company, submitted regulatory filings on Thursday, revealed the sale of approximately $0.37 billion worth of Bank of America stocks this week. This marks the 16th round of disclosed transactions selling Bank of America stocks by Berkshire since mid-July, cashing out over $10.8 billion in total, reducing its ownership to 9.97%. Last Thursday, Berkshire disclosed another round of selling Bank of America stocks, reducing its ownership to 9.987%, below the 10% regulatory threshold. However, Bank of America announced a $3.5 billion stock buyback on Tuesday in the third quarter, bringing Berkshire's ownership in the bank back above the 10% regulatory threshold. Therefore, this week's transaction also needs to be disclosed within two working days. (Global Market News)