Warren Buffett keeps taking investors to school as stock meltdown reveals the uncanny wisdom of his recent moves
From Yahoo Finance: 2025-04-05 14:15:00
The stock market crash, triggered by Trump’s tariffs, highlights Warren Buffet’s timely moves. Berkshire Hathaway sold most Apple stock before the fall. S&P 500 dropped 10%, Nasdaq in bear market territory. US stocks lost $6 trillion post-tariffs, prompting recession fears. Buffett’s $334 billion cash pile shines amid market chaos.
Buffett anticipated market downturn, selling $134 billion in equities in 2024. Complaining of high valuations, he refrained from major acquisitions. Most of Berkshire’s cash in short-term Treasury bills, offering shelter and gains. Buffett’s net worth grew by $12.7 billion in 2025, tying with Bill Gates at $155 billion.
Berkshire offloads Bank of America and Citigroup shares, while class B shares are up 9%. Buffett’s businesses less exposed to imports, boosting personal wealth. Amid market crash, Buffett may consider acquisitions, prioritizing equities over cash. Musk retains top spot on billionaires list, followed by Bezos.