Warren Buffett's decision to sell stocks and raise record cash before sell-off sends wake-up call

Warren Buffett is looking quite prescient as global equity markets plunged after it was revealed over the weekend that the investing legend dumped a lot in stock, including half of his Apple stake , and raised an unprecedented cash fortress for Berkshire Hathaway in the second quarter.

S. would skirt a recession while squashing inflation. That expectation was called into question with a weaker-than-expected July jobs report. The global markets fell into a deep rout on Monday as concerns about an economic slowdown deepened. The Dow Jones Industrial Average tumbled 1,000 points at one point, while Japan's Nikkei 225 plunged 12% in its worst day since the 1987 Black Monday crash for Wall Street.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Is This Warren Buffett Stock a Buy After Q2 Earnings Beat?Stocks Analysis by ValueWalk (Dave Kovaleski) covering: Moodys Corporation, Berkshire Hathaway B, Berkshire Hathaway Inc Class A. Read ValueWalk (Dave Kovaleski)'s latest article on Investing.com
Fuente: Investingcom - 🏆 450. / 53 Leer más »

Here are Warren Buffett's top stock holdings, revealed in Berkshire's latest quarterly earningsAbout 72% of Berkshire Hathaway's equity portfolio was concentrated in five stocks.
Fuente: CNBC - 🏆 12. / 72 Leer más »