When the market is booming and everyone is rushing to buy new stocks hoping for quick profits, this experienced investor is doing the opposite. Heâs selling his favorite Apple and bank stocks aggressively.
Believe it or not, Buffett currently has $325 billion in cash just sitting idle! Can you even imagine that number?
The point isâhe doesnât trust the market right now. He thinks everything is overpriced (overvalued). So instead of taking risks, heâs cashing out profits and sitting on the sidelines, watching the game. He knows this hype wonât last forever. When the market crashes, heâll use that cash to buy everything cheaply again.
Simple lesson for us: donât blindly pour money into the market just because itâs rising. Keep some cash in hand like Buffett. Remember, the real players are in âwait and watchâ mode.
Donât get greedyâfollow Buffettâs strategy. At the end of the day, cash in your pocket is power! đ
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