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editor of every economic report: bi luming

recently, the news that buffett's deputy reduced his holdings in berkshire shares has caused heated discussions in the capital market!

documents disclosed by the u.s. securities and exchange commission (sec) show thatajit jain, one of buffett's main deputies and vice chairman of berkshire hathaway and in charge of insurance business, sold 200 berkshire class a shares at a price of about $695,400 per share on september 9, cashing in about $139 million. the shares sold this time accounted for 55% of ajit jain's total berkshire shares.

after this sell-off,jain directly owns 61 berkshire class a shares, while a family trust he and his spouse set up for their descendants holds 55 shares. in addition, his nonprofit jain foundation holds 50 shares.

this is also the largest sale by jain since he joined berkshire in 1986. at present, it is not clear why he sold the shares, but he did take advantage of berkshire's recent high stock price.

by the end of august, the group's stock price exceeded $700,000, with a market value of $1 trillion. jain's selling came five days after berkshire's stock price exceeded $727,000 and less than two weeks after its market value exceeded $1 trillion for the first time.