Oligarchs are rapidly offloading their stock holdings. Jeff Bezos has divested $12.5 billion worth of Amazon shares, while Warren Buffett has disposed of his Apple stock investments and is now sitting on a staggering $325 billion in cash reserves. These actions suggest that we may be standing at the precipice of the largest financial bubble in history, which they seem to believe is about to burst imminently.
https://www.wsj.com/finance/investing/does-warren-buffett-know-something-that-we-dont-48fabc9d
https://www.forexlive.com/stock-market-update/buffetts-berkshire-hathaway-hoarding-cash-in-a-pattern-seen-before-the-financial-crisis-20241112/
https://breakingthenews.net/Article/Amazon%27s-Bezos-sells-dollar1.25B-worth-of-shares/63056547
#us #economy
https://www.wsj.com/finance/investing/does-warren-buffett-know-something-that-we-dont-48fabc9d
https://www.forexlive.com/stock-market-update/buffetts-berkshire-hathaway-hoarding-cash-in-a-pattern-seen-before-the-financial-crisis-20241112/
https://breakingthenews.net/Article/Amazon%27s-Bezos-sells-dollar1.25B-worth-of-shares/63056547
#us #economy
Buffett's Berkshire Hathaway hoarding cash in a pattern seen before the financial crisis
The Journal speculates on Buffett's largest ever pile of cash. The Wall Street Journal is gated , but here is a quick summary of the pice: .Eamonn Sheridan (Forexlive)
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