Reported 1 day ago
Warren Buffett, renowned for his contrarian investment philosophy, is signaling a warning to Wall Street as he exhibits fear while many investors are becoming overly greedy. Over the past eight quarters, he has sold off stocks and amassed a record cash reserve of over $325 billion. With the S&P 500 nearing all-time highs and premium valuations, Buffett's actions suggest caution is warranted. Investors are advised to be selective, focusing on stock valuations and maintaining cash reserves for potential market downturns, mirroring Buffett's strategy of being cautious when others are greedy.
Source: YAHOO