BAC

What does Buffett know that we don't?

Warren Buffett is significantly reducing his holdings in Bank of America and possibly also in Apple, raising questions about his market outlook.

By the SpyStocks desk · 1y ago · 1 min read

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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? 💡

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