Reported 2 months ago
Warren Buffett, CEO of Berkshire Hathaway, has raised eyebrows on Wall Street by selling a record $132 billion in equities since late 2022. While he remains optimistic about the U.S. economy, this unprecedented selling spree—including significant offloading of his Apple shares—signals a cautionary approach as valuations soar. Buffett's actions are interpreted as a warning against overvalued markets and irrational exuberance among investors, emphasizing his strategy of waiting for the right opportunities to invest once market conditions improve.
Source: YAHOO