Billionaire Warren Buffett Sends an Ominous Sign to Wall Street. Here's the Silver Lining

Investors follow Warren Buffett's moves closely. He has earned the respect of the investing community for his wisdom, common sense, and -- most importantly -- a track record of beating the market.It's exciting when he makes big moves, especially when they signal good times ahead. But Buffett is a realist, and he and his team at Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) take action based on the way the winds are blowing, not where they want them to be.Berkshire Hathaway released its most recent quarterly report last week, and it was unusual for two reasons. First, there were no stock buybacks for the first time in more than five years. Second, instead of buying back stock, Berkshire Hathaway was a net seller of stocks in the quarter, and it has built up its cash stockpile to its highest-ever levels at $325 million.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool