Reported 2 months ago
Warren Buffett, a legendary investor, has significantly increased Berkshire Hathaway's cash and Treasury bill position to $277 billion, following a record stock sale of over $77 billion in Q2. This indicates his pessimism about current market valuations as he has been a net seller of stocks for seven consecutive quarters. Despite previously bullish stances, Buffett's lack of stock repurchase activity suggests he no longer sees good investment opportunities, raising concerns for average investors about finding value in today's market.
Source: YAHOO