🔥Warren Buffett Breaks 6-Year Streak, Doesn't Buy Back Berkshire Shares Despite $320B Cash Pile
Warren Buffett broke a 6-year streak by not buying back Berkshire shares despite having $320 billion in cash. He sold millions of Apple and Bank of America shares in Q3 and did not repurchase any shares, signaling the stock might be overvalued. Berkshire's Class A shares have risen over 30% year-to-date. The massive cash pile, mostly in short-term Treasury bills, signals caution about the market's current state. The "Buffett Indicator" is close to record highs, indicating US stocks may be overvalued. Buffett sees little room for market growth and may wait for a better entry point. The article also cautions that investments are subject to risks and past performance doesn't guarantee future returns.
👉Read here
Warren Buffett broke a 6-year streak by not buying back Berkshire shares despite having $320 billion in cash. He sold millions of Apple and Bank of America shares in Q3 and did not repurchase any shares, signaling the stock might be overvalued. Berkshire's Class A shares have risen over 30% year-to-date. The massive cash pile, mostly in short-term Treasury bills, signals caution about the market's current state. The "Buffett Indicator" is close to record highs, indicating US stocks may be overvalued. Buffett sees little room for market growth and may wait for a better entry point. The article also cautions that investments are subject to risks and past performance doesn't guarantee future returns.
👉Read here