Reported 3 days ago
Warren Buffett has reduced his stakes in key investments like Apple and Bank of America, drawing attention as stock indexes surge. Despite the optimism fueled by lower interest rates and AI advancements, Buffett's actions and his critique of the current market's 'casino-like behavior' suggest a more cautious approach. His moves urge investors to scrutinize stock valuations carefully, as the market reaches historically high price levels, highlighting the importance of selective and long-term investing.
Source: YAHOO