Warren Buffett saw the Trump Slump coming, and Berkshire Hathaway is built to withstand it; here's how the 94-year-old market legend planned to handle it
Warren Buffett, the 94-year-old investor, anticipated a market crash that happened as US president Donald Trump's presidency started. He shifted from stocks to cash, selling major holdings like Apple and Citigroup, amassing $334 billion. This move proved wise as markets recently plunged. Buffett remains focused on equities but his cash strategy provided flexibility for future investments.
from News-Economic Times https://ift.tt/UINCvdY
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from News-Economic Times https://ift.tt/UINCvdY
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