🤑 The latest views of the stock god Buffett; #Investing in ...
🤑 The latest views of the stock god Buffett; #Riches in US stocks
As the stock god still holds 0.928 million shares of bofa, will he continue to sell in the future? At the same time, Berkshire has been net selling for 7 consecutive quarters. Will they continue to sell stocks for cash this quarter? These questions have cast a shadow over the bullish sentiment in the US stock market. Before chasing high to buy stocks, everyone should research why Buffett has been selling?
Looking back at Buffett's speech at this year's Berkshire shareholder meeting, although he explained that the large sale of apple stocks was due to the possibility of changes in the tax system, so he took profits first. However, in his remarks, he bluntly stated that the overall market speculative atmosphere was too heavy, and stock prices were already expensive. If we observe the Schiller P/E ratio, by late July, it had reached 35.49, more than twice the historical average of 17.14 over the past 153 years. Compared to the numbers from the past continuous bull market periods, the current level should be near the top 3 in history. Stock market valuations are at a high level, as time lengthens, bids must decrease, and selling pressure will increase.
Faced with this situation, let's look at the reminder from the stock god: 'Berkshire only swings the bat at the right time and does not blindly invest. Some investors keep swinging the bat, even if they swing empty, although they may eventually hit the correct symbol, they may have been struck out multiple times in the process.' In the investment market, if you don't want to strike out, you should heed Ba Lao's reminder, don't blindly swing the bat, especially when the stock market is at a high level, be more cautious!
As the stock god still holds 0.928 million shares of bofa, will he continue to sell in the future? At the same time, Berkshire has been net selling for 7 consecutive quarters. Will they continue to sell stocks for cash this quarter? These questions have cast a shadow over the bullish sentiment in the US stock market. Before chasing high to buy stocks, everyone should research why Buffett has been selling?
Looking back at Buffett's speech at this year's Berkshire shareholder meeting, although he explained that the large sale of apple stocks was due to the possibility of changes in the tax system, so he took profits first. However, in his remarks, he bluntly stated that the overall market speculative atmosphere was too heavy, and stock prices were already expensive. If we observe the Schiller P/E ratio, by late July, it had reached 35.49, more than twice the historical average of 17.14 over the past 153 years. Compared to the numbers from the past continuous bull market periods, the current level should be near the top 3 in history. Stock market valuations are at a high level, as time lengthens, bids must decrease, and selling pressure will increase.
Faced with this situation, let's look at the reminder from the stock god: 'Berkshire only swings the bat at the right time and does not blindly invest. Some investors keep swinging the bat, even if they swing empty, although they may eventually hit the correct symbol, they may have been struck out multiple times in the process.' In the investment market, if you don't want to strike out, you should heed Ba Lao's reminder, don't blindly swing the bat, especially when the stock market is at a high level, be more cautious!
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