Warren Buffett shows his fear by dumping the most shares since 2008
Warren Buffett is signalling wariness with the soaring sharemarket as the billionaire investor extends a selling streak.
Mr Buffett’s Berkshire Hathaway was a net seller of equities for the fourth straight quarter, a trend not seen in data going back to 2008. The company ended up selling almost $US2 billion ($2.7 billion) more in stocks than it purchased during the period, adding to a cash pile that climbed to a record $US149.2 billion.
Bloomberg
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