Warren Buffett Played the Stock Market Sell-Off Perfectly. Now, the Billionaire Investor Is Shopping Abroad.

As the market raged in 2024, Warren Buffett and his company, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), did very little. They were net sellers of stocks; Berkshire repurchased less of its own stock than in years prior, and the large conglomerate also hoarded a staggering $334 billion of cash and short-term U.S. Treasury bills.It turns out that Buffett and his team of investors knew exactly what they were doing. Market gains after President Donald Trump's election victory faded quickly and many investors are concerned about a potential recession or even stagflation.Berkshire is now viewed as a flight to safety and has a war chest should the sell-off present interesting opportunities. In fact, Berkshire has already started to shop abroad.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool