Buffett cuts Munich Re holding again

Berkshire Hathaway has reduced its stake in German reinsurance
giant Munich Re to 4.6 percent in a further sign of Warren
Buffett's revaluation of the reinsurance market.
This is the second time this year that it has reduced its Munich
Re stake after selling down from 12.02 percent to 9.7 percent in
September.
Buffett remains by far Munich Re's biggest single
stakeholder, with People's Bank of China, BlackRock and Allianz
Global Investors all owning around 3 percent of the company....