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🐻 What does Buffett know that we don't? 🐻
Warren Buffett is dismantling his large holding - $BAC. 📉
• Just last week, he sold nearly $2 billion in shares of his favorite bank - Bank of America $BAC. 💰
• Cumulatively, he has sold about $9 billion in $BAC shares since July! - and it appears he is not done yet. 🔽
Not just Bank of America - Wall Street rumors indicate that he also liquidated a very large position in his #1 holding - Apple. 📱 (We wrote about this a few days ago - attached)
⏺Buffett made similar moves shortly before the big crisis that collapsed the US stock market in 2008 - a hint of what's to come? 🐻
• The big question hovering over Wall Street today is: why has the man and legend of the investment world - Warren Buffett - turned bearish - and what can be inferred from the decisive moves he has made recently? 💡