Billionaire Warren Buffett Is Hinting at a Market Correction -- but There Is a Silver Lining

Investing legend Warren Buffett and his conglomerate, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), have not given investors many reasons to buy into the strength of this market. Recently, Berkshire has largely been a net seller of stocks, and has refrained from buying individual stocks or even repurchasing its own shares. Additionally, it has been building a hoard of cash and short-term Treasury bills that now exceeds $320 billion.One might have speculated that the holding company was stockpiling cash in preparation for something big. But after its additional large sales of Apple (NASDAQ: AAPL) and Bank of America (NYSE: BAC) stock in the third quarter, one logical conclusion is that Buffett expects a market correction. That's not exactly the type of news that investors might have hoped for, but it comes with a silver lining.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool