Warren Buffett is one of the most widely respected investors in the world. And there's a good reason. With nearly 70 years investing in the public eye, he's produced incredible returns for anyone willing to invest alongside him.

Berkshire Hathaway kept cutting its stake in Bank of America in recent days, selling 8.5 million shares for about $338 million and dropping its interest in the bank to 10.2% Berkshire sold the shares on Monday,

Warren Buffett has sold Bank of America for 12 straight days, for the third time in less than three months, but the prices he sold the stock shows that’s not a coincidence.

Warren Buffett's Berkshire Hathaway sold more of its holdings in the second-largest US bank, raising its total haul to nearly $9 billion over the last several months.

Buffett has owned American Express stock since 1995, making it his second longest-held stock, right behind Coca-Cola. These are two stocks Buffett has said he would never sell. He added Apple to that status recently and sold a large chunk of it right after, but he's held on to every share of Coke and American Express he's ever purchased.

Warren Buffett’s recent moves to trim Berkshire Hathaway’s holdings in Apple and Bank of America have raised questions about what it means for the market and economy. However, it’s unlikely that the takeaway is simple or scary.