[OMAHA] Warren Buffett's Berkshire Hathaway Inc sold off most of its Goldman Sachs Group stake, a longtime holding that slumped nearly 33 per cent during the first quarter as the global pandemic roiled financial markets. The company cut its investment in JPMorgan Chase & Co by 3 per cent in the first quarter. Mr Buffett's company has been a big investor in banks in the past, normally trying to keep many of those stakes below a 10 per cent level often scrutinised by regulators. KEY INSIGHTS The Goldman Sachs holding plunged 84 per cent to 1.92 million shares, an investment currently valued at around US$330 million, Berkshire said Friday in a filing. Buffett's company exited a bet on Travelers Cos and a wager on Phillips 66, a holding that had been valued at more than US$25 million at the end of the year.