One recent activity is fair enough for the investors that Warren Buffett’s Berkshire Hathaway has been significantly selling stocks
Should be it taken as a warning?
As it has sold nearly 50% of its current holding of Apple stock in the second quarter of the year. Once a very favorite pick of the Berkshire Hathaway, now being sold massively.
Researchers think that this move is unexpected.
Berkshire has also sold off its significant holding in Bank of America and this sale amounted to 1.5 billion.
If we take the whole picture, Berkshire Hathaway sold approx. 75.5 billion $ worth of it’s holdings in various companies.
Current market economic conditions might have been responsible for this move of Berk
Investors are concerned that it could be an early indicator of premature or early deceleration of U.S. Economy
Whatever be the interpretation of this move but it suggests a cautious approach to be kept while making positions in the market and Berkshire Hathaway has been piling its cash levels so it may be a preparation for a fresh investment after breakdown.
So dear investors if you follow Warren Buffett, Berkshire Hathaway, be cautious and if not then also keep a close eye on the market indicators.
