Warren Buffett's Berkshire Hathaway didn't buy the dip, focusing on long-term investments
From Yahoo Finance: 2025-05-10 10:03:00
Warren Buffett’s Berkshire Hathaway stockpiled cash in 2024, sparking speculation about stock purchases during market volatility. President Trump’s tariff announcement caused a market plunge, but a 90-day pause led to a rally. Berkshire’s first-quarter earnings report showed it was a net seller of stocks, with over $4.6 billion sold and $3.2 billion purchased. Berkshire also hoarded over $342 billion in cash. Buffett’s comments suggest they didn’t buy the dip in April, focusing on long-term investments amid economic uncertainties. Buffett and Berkshire historically withdraw from risky markets, hinting at a cautious approach. Buffett’s strategy contrasts with the current news-driven market cycle. Buffett’s company hasn’t made major stock transactions since mid-February. The focus remains on long-term investments rather than short-term market movements. Considerations before investing in Berkshire Hathaway are highlighted through the Motley Fool Stock Advisor’s top stock picks. The historical success of their picks compared to the S&P 500 is emphasized.