From Nasdaq: 2024-08-06 04:06:00

Warren Buffett’s recent investment activity has Wall Street buzzing as Berkshire Hathaway reveals a record $132 billion in net equity sales in the second quarter of 2024. This unprecedented selling activity, including a major decrease in Apple shares, has led Buffett to accumulate a cash hoard of $277 billion, signaling caution in the current market environment. Despite being a long-term optimist, Buffett’s actions reflect concerns about current stock valuations and potential future market volatility. The Oracle of Omaha’s historic selling spree may serve as a silent warning for investors to tread carefully in today’s bullish market.



Read more at Nasdaq: Warren Buffett’s Unprecedented $132 Billion Warning to Wall Street Can’t Be Ignored Any Longer