Breaking News
That's a bang! Berkshire/Buffett halves its Apple position. Just came through the tickers. That means they sold about 80 billion worth of Apple shares the past quarter. His cash position is now ar a record high of 277 billion Dollar.
This should not help calm the alteady nervous markets next week, let alone tech. Apple stock will probably dive for now on Monday since many investors might follow Buffetts lead.
Does Grandpa Warren know something we don’t? Or is he just cautious in view of the coming cycle of interest rate cuts and the weakening economy?
Oh wow
Apple stock will sink for a while now then
😏🤷🏼♂️ Probably
Buffett is handsome! Sells in a bull market and will buy in a bear market.
He most of the time has a good sense of timing. Missed COVID crash though. Bought nothing back then when all was dirt cheap
I wonder why the sudden sell of apple stocks. Warren Buffet is one of the richest investors there is. He might know something we dont. Or maybe its just his way of rearranging his portfolio.
He wants to have enough cash to be prepared for a bigger correction that will surely come within the next 6-18 months. My opinion
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