Warren Buffett is Selling Stocks--Should we?
128,168
Published 2024-08-03
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?
CNBC story: www.cnbc.com/2024/08/03/warren-buffetts-berkshire-…
Berkshire Form 10-Q: www.berkshirehathaway.com/qtrly/2ndqtr24.pdf
Buffett discussing Apple at Berkshire annual meeting: buffett.cnbc.com/video/2024/05/06/buffett-prospect…
Join the Newsletter. It's Free:
robberger.com/newsletter/?utm_source=Rob+Berger&ut…
Financial tools I use:
I track all of my investments, performance, fees, and asset allocation with Empower. It's Free:
robberger.com/empower
My retirement plan comes from New Retirement, the most robust retirement planner available at a reasonable cost:
robberger.com/new-retirement
I used Capitalize for my last 401(k) rollover. They did all of the work, and it's Free:
robberger.com/capitalize
My budgeting tool of choice is Tiller. It downloads all your banking data to Excel or Google Sheets:
robberger.com/tiller
We save and invest our credit card rewards. Here are some of my favorite credit cards:
www.allcards.com/best-credit-card-offers/?utm_sour…
My Book (Retire Before Mom and Dad):
amzn.to/4d9qbhA
#retirement #investing #robberger
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.
I'm also the author of Retire Before Mom and Dad--The Simple Numbers Behind a Lifetime of Financial Freedom (amzn.to/3by10EE)
LET'S CONNECT
Youtube: / @rob_berger
Facebook: www.facebook.com/financialfreedomguy/
Twitter: twitter.com/Robert_A_Berger
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.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning at no cost to you I earn a commission if you click through and make a purchase and/or subscribe. However, I only recommend products or services that (1) I believe in and (2) would recommend to my own mom.
All Comments (21)
-
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller.
-
I'm a businessman so it's only right to profit from this crisis, i work with my FA to get the best out of the market crash by buying particular stocks at a low price then holding for a period of time (however long my FA suggests) then selling for quadruple the price. I believe this market crash would pay for my wife and i's next boat haha
-
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.
-
Don't just do something, stand there. 😊
-
The only thing I know is they don't exit the market they are just waiting for the prices reaches a nice level
-
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.
-
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...
-
Since I’m not retiring anytime soon I’m going to hold and if it drops keep buying.
-
You can learn a lot from smart people. Thanks for explaining this in a way regular people can digest.
-
2022, 2018, 2011 were down or flat years for the market so they haven’t been going “up,up,up since the 2008 crisis.
-
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.
-
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.
-
I sold all my PayPal, added a bit to my AMZN and holding Palentir. Good luck all.
-
I’m doing nothing. 👍
-
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!
-
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.
-
I buy IVV, SCHD and DGRO. Love me some dividends.
-
If I could have seen the future I would have sold everything two weeks ago.
-
He said Tax Reasons. Plus, it's nice to have enough cash ready for other investments sometimes.
-
The market is really panicking at this moment and I'm worried what effect this frenzy could have on my portfolio of about 80k. Could you make any recommendations on how I could preserve my portfolio during this period and also make profit from the market situation?
