The legendary investor and CEO of Berkshire Hathaway was again the object of compliments in social networks for his ability to anticipate market trends, in a context of economic uncertainty and growing volatility in Wall Street.
In a context of economic uncertainty and growing volatility in Wall Street, Warren Buffett, The legendary investor (94 years) and Berkshire Hathaway CEO, It was again Object of praise in social networks for their ability to anticipate market trends.
The decision of the “Oracle of Omaha” of sell a significant part of Apple’s actions and accumulate a record amount of cash has been seen by the market as a master play, especially in the light of the Recent American stock market fall.
In 2024, Berkshire Hathaway sold shares for a net value of 122.8 billion euroswhich allowed the conglomerate to duplicate its cash reserves and treasure bonds until reach 334,000 million dollars. This strategy not only reflects Buffett’s caution before a possible worsening of economic conditions, but also It positions Berkshire to take advantage of future investment opportunities at reduced prices.
The sale of Apple shares, which represented almost half of the total value of the Berkshire portfolio, It was reduced by 67%, from 906 million shares to 300 million in nine months. Although Apple’s shares have risen 15% since the beginning of 2024, Buffett has defended his decision, arguing that Liquidity is crucial in an uncertainty environment.
In addition, Berkshire too reduced his participation in Bank of America by 34%, which reflects a conservative strategy in the midst of concerns about a possible recession.
The accumulation of cash and treasure bonds, which now offer greater yields due to the increase in interest rates, provides Berkshire greater financial security and flexibility for future investments.
Warren Buffett
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Buffett’s followers on social networks have highlighted their famous advice of “Be greedy when others are afraid”remembering your ability to identify opportunities in times of crisis.
Buffett’s strategy not only allows him to mitigate the impact of a possible recession, but also positions it to take advantage of future investment opportunities at reduced prices, as did during the financial crisis.
In a market where many investors suffered millionaire losses of their fortunes, Buffett managed to increase the value of Berkshire’s shares by 9% this year. Your long -term approach and your ability to navigate turbulent waters They have been praised by analysts and followers equally, consolidating their reputation as one of the most cunning investors in the world.
Source: Ambito
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