Warren Buffett is Selling Stocks--Should we?

Last quarter Warren Buffett sold nearly half of Berkshires stake in Apple. More recently the company has been selling its shares in Bank of America. As of 6/30, its cash pile has grown to $277 billion.

In this video we'll discuss three things:

1. Exactly what did Berkshire sell?
2. Why is the company selling stocks now?
3. What if anything should we be doing?

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ABOUT ME

While still working as a trial attorney in the securities field, I started writing about personal finance and investing In 2007. In 2013 I started the Doughroller Money Podcast, which has been downloaded millions of times. Today I'm the Deputy Editor of Forbes Advisor, managing a growing team of editors and writers that produce content to help readers make the most of their money.

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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.

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[oceansunsetak]

Buffet's move is certain to hurt market sentiment. A year ago. People bought in july sold at the September lows. Then, they kept their cash on the side lines. Missed the rally. I never had that much luck timing in the market.

[betterme]

Don't just do something, stand there. 😊

[joeburns]

You can learn a lot from smart people. Thanks for explaining this in a way regular people can digest.

[___OmerAJ___]

The only thing I know is they don't exit the market they are just waiting for the prices reaches a nice level

[TotallyRegWhatelse]

Like you I own AAPL and BRK.B 😅 To be honest I wasn't happy that Warren's shop bought so much AAPL in the past. Because for me BRK.B is an investment to counterbalance my tech stocks. Now, after Warren sold half of his AAPL shares until end of June 2024 I'm relieved... 😂 because now BRK.B again is the defensive stock I once was looking for...

[bajarepro]

Young folks like me listen to wisdom from professionals like you too, not only senior folks! Really appreciate the format and the content you make. Helped me personally a lot!

[madhukarmurthi]

glad I bumped into your channel! thanks.

[nickzivs]

Buffett and Berkshire have been building cash reserves for some time. He clearly doesn't see much good value in this market. Seems sensible given the economic backdrop and where valuations currently are assuming what was to be a soft landing or no landing.

[doctorshawn]

Buffett sold half of his Apple shares right to Tim Cook, whose company has a massive buy back. I am not selling my shares. I have other companies to sell.

[ramrod]

Disagree. This is classic Buffett selling behavior. He doesn’t like being negative so he dances around the real issues but keeps unloading stock. For example, when Wells Fargo was going through all its problems, Buffett kept defending them and defending them but unloaded all his stock shortly thereafter.

[diadora]

I sold all my PayPal, added a bit to my AMZN and holding Palentir. Good luck all.

[jamie]

2022, 2018, 2011 were down or flat years for the market so they haven’t been going “up, up, up since the 2008 crisis.

[marklangevin]

Warren Buffet has a different problem than most individuals. He has so much cash he can't deploy it without causing his desired security to rise, so he's long in treasuries and cash. For the rest of us poor buggers : When stocks are on sale you BUY them.

[vincentslusser]

He said Tax Reasons. Plus, it's nice to have enough cash ready for other investments sometimes.

[Midman]

This isn’t a new development or trajectory at Berkshire, but the financial press has to amplify the “who dun it” angle.

[richardgordon]

Very interesting commentary. Thanks a lot!

[Jpsantos]

I buy IVV, SCHD and DGRO. Love me some dividends.

[Dclagg]

Great video, Rob. I always enjoy your thoughts on these types of things.

[richhands]

My three favorite channels: Rob Berger, Stock Brotha, & How Money Works. Make my week complete! 🔥 🔥 🔥

[gewttlp]

Very inspiring videos good luck for your great future. And do you really feel good/happiness in life? Haha awesome video