Subject: Re: He sold more BAC
Though there do seem to be exceptions, Mr Buffett has a known and stated preference for not simply "trimming" positions. Unless perhaps he needs the money for something, which clearly isn't the case today.

Given the rate of sales, especially relative to trading volume, it appears to me that he intends to close the entire position as soon as practicable, assuming the market price holds up. A WFC "I'm out" moment but at a better price?

Jim