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Warren Buffett shows his fear by dumping the most shares since 2008

Katherine Chiglinsky

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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.

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    Original URL: https://www.afr.com/world/north-america/warren-buffett-shows-his-fear-by-dumping-the-most-shares-since-2008-20211109-p59771