⚡️💰 ICYMI - Warren Buffett has just sold another $6.1 billion worth of shares...
We're talking about $184 billion liquidated over three years.
He now has record cash reserves: $382 billion, or 57% of his total portfolio!
He hasn't bought back any shares for five consecutive quarters...
If Berkshire's stock is down 12% since the announcement of his retirement, while the S&P 500 is up 20%, it is also and above all because he has all this uninvested cash.
So... What happens if Buffet gets orange pilled?
Please Login to reply.
I wrote about that here (basically the whole second half of the article)
nostr:naddr1qvzqqqr4gupzqamkcvk5k8g730e2j6atadp6mxk7z4aaxc7cnwrlkclx79z4tzygqqrxuethg389xlyr95x
It's not happening, ever, imo. Buffet is too stubborn to change his mind.