I suspect Apple is going under. Maybe not immediately but they’re on the way down and Buffett is bailing out to minimize his risk of loss.
It doesn’t matter what Buffet does. I watch what Pelosi and the rest of the corrupt Congress members trade.
With the $billions in his portfolio it is prudent to redirect cash from your largest position when it has grown substantially, and growth is slowing, to allocate to areas of either greater return, or safety.
sound like buffet thinks the current market top will soon be a market drop due to the bidenistas’ MASSIVE proposed tax increase ...
So saving on capital gains taxes. I thought ole Warren wanted to pay more taxes.
He needs more money to buy politicians. Maybe get another pipeline canceled so his trains can haul oil at a much higher cost. He buys the writers at Yahoo finance.
Nothing but glowing articles on him. there.
He has these immense cash amount yet does not invest it thereby losing money. Just treasury notes would makes billions over the years.