Berkshire Hathaway from Warren Buffett sold $ 134 billion in 2024, and his timing is just as he fears the recession: the Internet in awe
Last year, Warren Buffett It was criticized and mocked to sit on a mountain of money while the markets rose. However, now, with a decrease in stocks and the escalating recession, it seems that “Oracle of omaha” suddenly appears to be like the only person who saw it coming.
What happened: Berkshire Hathaway sold amazing 134 billion dollars From stocks in 2024 – I barely touched the criticism.
Re -purchasing was completely stopped in the second half, leaving Buffett with restrictions on the record Cash reserves 334 billion dollars By the end of the year. At that time, critics asked about his reluctance to re -invest as the S&P 500 recorded two consecutive years of 20 %+ gains.
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Now, these critics themselves eat their words.
Pavite reduced him Apple Inc. A share of 49 % to only 23 % of Berkshire’s portfolio and reduce holdings in Bank of America. After weeks, the markets began to collapse.
the Nasdaq 100 8.83 % decreased In only 18 days Jpmorgan Stocks Jimmy Damon In a $ 234 million trade in February – more than 9.6 % fell.
The Internet pays attention:
“There is only one billionaire in the first ten places whose clear wealth increased today: Warren Buffett,” the X Dan Stone user published a screenshot to show that Pavite is the only one whose clear wealth increased by $ 607 million on March 10, 2025, amid a wider market decrease
Another eagerly: “Just remember, there was a reason that made Warren Buffett gold $ 340 billion.
Here are some other reactions:
on SubjectsThe reaction was more clear. One of the users wrote: “It is funny how a few days before the collapse of the last stock market, Warren Buffett got 334 billion dollars from the stocks.” “Meanwhile, JPMorgan CEO Jimmy Damon also sold hundreds of millions in stocks. Coincidentally, or do they know something that we don’t do?”
Another said: “Warren Buffett always knows when the collapse comes because he is the first person to call it when they need someone to save him.”
Why do it matter: Economic uncertainty grows with the president Donald Trump Referring to the current situation as a “transitional period” when asked about the possibility of stagnation.
Meanwhile, signs of warning from the bond market are flashing, as investors are increasingly preferred to short -term treasury bonds amid expectations of interest rates by the Federal Reserve.
Buffett expressed sharp criticism of the definitions, describing them as a “war” and equal to a hidden tax on consumers. Goldman Sachs analysts have warned that a 5 % increase in customs tariff can reduce corporate profits by 1-2 %, which may lead to a 5 % decrease in S&P 500.
However, Pavite is still optimistic about the future of American companies, as his confidence was reaffirmed by saying, “The majority of any money I manage will always be in the United States.”
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Disintegration: This content was partially produced with the help of artificial intelligence tools and was reviewed and published by Beenzinga editors.
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