He's loading up on cashSold almost $29 billion of stock.
Warren Buffett selling $28.7 billion in stock rings alarm bell over economy
Buffett's Berkshire Hathaway has sold $28.7 billion in stocks during the first three quarters of 2023. Why?www.newsweek.com
It's less than 3% of Berkshire's valuation. Funny, but by moving out of the market it most likely cost them 10-15% in year ending returns.He's loading up on cash
Or maybe he has his eye on something bigger?It's less than 3% of Berkshire's valuation. Funny, but by moving out of the market it most likely cost them 10-15% in year ending returns.
Apple is their largest holdings d is up 50% YTD. Can't imagine a case you move out of that in order to find something better.Or maybe he has his eye on something bigger?
Well he's a multi billionaire and we are notApple is their largest holdings d is up 50% YTD. Can't imagine a case you move out of that in order to find something better.
Trade, trade and trade some more.Buy buy buy!
Dow Jones records third highest close in history after inflation report, with eyes on Fed decision
U.S. stocks are higher Tuesday, as investors wait for the Federal Reserve's interest rate announcement Wednesdaywww.marketwatch.com
By following history, he sees another recession coming.Or maybe he has his eye on something bigger?
Every year I wait until an up swing in the market to cash out a small piece of my 401K, to generate available funds for next year.Buy buy buy!
Dow Jones records third highest close in history after inflation report, with eyes on Fed decision
U.S. stocks are higher Tuesday, as investors wait for the Federal Reserve's interest rate announcement Wednesdaywww.marketwatch.com
Mutual Funds or single stocks?Every year I wait until an up swing in the market to cash out a small piece of my 401K, to generate available funds for next year.
{ don't worry my online nephew, your inheritance is safe }
Exactly!By following history, he sees another recession coming.
The massive amount of cash onhand means he's ready for the coming market downturn and all the properties that he will be able to purchase on the cheap. Just like he did in 2008.
The banks who made these contract purchases in the S&P are now all solidly in the money. Buy your bank stocks now before the positions are closed.I see 5 of the largest banks have 25K call options on the January contracts.