Warrent Buffet has offloaded billions worth of stocks: BofA and Apple. Huge chunks of his holding. He prefers Treasuries which are sure bet and liquid?
Is Buffet developments that we dont see.? Are there new things he wants to be positioned in? Are we on the verge of a crash, or recession. We do not know. Only the sage of Omaha knows. I could only speculate .
But whatever it is lets do our own critical analysis and pay attention to many experts who are predicting a crash. P. S. Today August 7, 2024, the crash is unfolding. Markets world wide are on great sell off.
Apple does not have much of an innovation;
The financial environment is not friendly to banks. Or that BH is harvesting BofA stocks for the gains when they bought it cheap
Let us be prepared.
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