Warren Buffett Just Pressed the Sell Button on the Stock Market. But There Is a Silver Lining
In Berkshire's fourth quarter 13-F, we learned that Buffett effectively pressed the sell button on the stock market (or at least on two funds that represent the market). While this is perhaps a dour warning from the Oracle of Omaha, there was a silver lining.
Berkshire has built a record $325 billion cash heap as a historically expensive stock market presents few obvious value buys.
Investors are poised to study the letter Saturday for insights about the stock market.
Warren Buffett-backed Occidental Petroleum reports fourth-quarter earnings and revenue late Tuesday, with analysts expecting ...
Warren Buffett's Berkshire Hathaway reduced its Bank of America stake to less than 9% and pared bets on Citigroup and Capital ...
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