Warren Buffett Just Hit the Sell Button for $4.1 Billion. Is the Oracle of Omaha Losing Faith in the Stock Market?

Last quarter, Warren Buffett hit the buy button to the tune of more than $521 million, accumulating shares of one of his top holdings. But he also unloaded a ton of stock last quarter, including 20 million shares of the biggest holding in Berkshire Hathaway's equity portfolio. In total, Buffett sold more than $4.1 billion of stock of this iconic American business in just 90 days. Is the Oracle of Omaha losing faith in the stock market? In early 2016, Berkshire Hathaway purchased shares of Apple (NASDAQ: AAPL) for the first time. But it may not have been Buffett's idea. He is famous for avoiding tech stocks. Berkshire heavily underperformed the broader market during the dot-com bubble due to that, but once the bubble popped, Berkshire resumed its long-term outperformance.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool