Reported 7 months ago
Warren Buffett, CEO of Berkshire Hathaway, has sold significant shares of his favorite stock, Apple, for the first time since 2018, heightening concerns about the S&P 500's overvaluation. Berkshire's recent decision to halt buybacks of its own stock while holding a record $325 billion in cash suggests Buffett is anticipating a market correction, potentially signaling trouble for the broader market.
Source: YAHOO