Reported 2 days ago
Warren Buffett has expressed a bearish outlook for the stock market for the third consecutive quarter, as revealed in Berkshire Hathaway's latest 13F filing. The company's portfolio has decreased significantly, from $280 billion to $266 billion, while it has also refrained from repurchasing its own stock for the first time in six years. Buffett's actions include selling substantial shares in various companies, including Apple and Bank of America, and reallocating cash into safer Treasury bills, suggesting concerns over stock valuations at a time when the market appears to be booming.
Source: YAHOO