Reported 22 days ago
Warren Buffett has accelerated the sale of stocks, leading to a stunning $127 billion in net sales this year, a record for Berkshire Hathaway. Notably, he has reduced Berkshire's stake in Apple by 67% while refraining from stock buybacks, indicating a belief that Berkshire shares are overvalued. The company's substantial cash reserves and declining stock acquisitions suggest Buffett is finding it difficult to identify attractive investment opportunities in today's expensive market. Investors should consider their positions in Apple and be cautious before making new investments.
Source: YAHOO