Reported 17 days ago
Prominent investors Warren Buffett, David Tepper, and Terry Smith are jointly signaling a cautious outlook for the stock market as they sell off large portions of their holdings, including significant stakes in major companies. With increasingly high stock valuations, indicated by the S&P 500's Shiller P/E ratio being double its historical average, these billionaire money managers advise investors to heed their warning and reconsider their investments.
Source: YAHOO