Coca-Cola's stock has been in a downward correction for over a month and is now likely poised for a major rally.

Last week, Coca-Cola reported its financial results for the three-month period that ended Sept. 27. It beat Wall Street's expectations on both the top and bottom lines. Net revenue totaled almost $11.9 billion. This was down 1% year over year, as unit case volume worldwide dipped 1%.

It is indeed interesting that Berkshire now holds $320 billion in cash vs just $272 billion in equity investments. Put another way, Buffett is holding more cash than stocks. "That’s a lot of firepower if markets see a sustained drop," notes Colas. "While Berkshire is not especially expensive, its multiple may be worrisome to a value investor ."

Warren Buffett cited tax considerations as his reason for selling shares in Apple. But this isn’t something most UK investors need to worry about. The post Here’s why Warren Buffett is selling shares (and why I’m not) appeared first on The Motley Fool UK.

Warren Buffett is a big believer in long-term investing. In fact, many of his largest positions have been in his portfolio for decades. And while he and his lieutenants regularly adjust the publicly traded portfolio at Berkshire Hathaway,