Article goes on to say….
In retrospect, it’s easy to see why Buffett was selling even as the market was making new highs. While some money managers have criticized him for being too conservative in his allocations in recent years, there were plenty of signs in the fourth quarter that market choppiness could be ahead. President Donald Trump made no secret of his plans to use tariffs liberally in his second term. While many market observers were quick to claim he didn’t mean what he said, it turns out…he did.
Just because he is selling doesn’t mean he isn’t also buying.
Based on his first four years, whatever made anyone think he would not follow through on what he said?
The USA spends $400B on gay pride parades...
With his kind of money, no harm in being conservative with investments.