Quote:
Originally Posted by fred cook
Not sure this is the time to buy. Warren Buffet just sold off about $30 Mil in stocks. Sounds like to me he is expecting another downturn.
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Sounds like you didn't actually read the click bait article.
Berkshire sold 869,000 shares (~$30 mil) of a single stock, not stocks, Bank of Mellon. They still own over 88 million shares, and they only sold to get under 10% ownership so they won't have to report trades besides typical quarterly to the SEC.
So Berkshire sold .006% of their market cap...not exactly "sky is falling"😒