Warren Buffett's lack of stock purchases worries Leon Cooperman - Business Insider

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Warren Buffett's lack of stock purchases during the market meltdown is a red flag for Leon Cooperman, the hedge-fund billionaire said in an email this week,"Who am I to be bold?" the Omega Advisors chief asked, when the "greatest investor in my generation" isn't buying.

Buffett's Berkshire Hathaway made only $1.8 billion in net stock purchases in the first quarter, and netted $6.1 billion from stock sales in April. Cooperman shared several concerns about the coronavirus pandemic's long-term impacts, and argued the S&P 500 was about 10% overvalued, Benzinga said.

México Últimas Noticias, México Titulares

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

Investors bet against Warren Buffett as airline ETF sees 1600% surge in fund flows - Business InsiderThe US Global JETS ETF has seen a surge in assets since the coronavirus pandemic caused a massive sell-off in airline stocks. Love to see how this plays out! All aboard the germ tube express! hblodget Ryan_Dagner
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »

Investors bet against Warren Buffett as airline ETF sees 1600% surge in fund flows - Business InsiderThe US Global JETS ETF has seen a surge in assets since the coronavirus pandemic caused a massive sell-off in airline stocks. Love to see how this plays out! All aboard the germ tube express! hblodget Ryan_Dagner
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »