Warren Buffett Just Did This for the Third Quarter in a Row, and It's a Big Warning Sign for the Stock Market

Motley Fool11-19 21:53

Buffett's Berkshire Hathaway continues to be a net seller of stocks. Overall, the market is expensive based on historical averages. Buffett's concerns about a tax hike may fade ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2484923723?lang=en_US&edition=fundamental","thumbnail":"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F797969%2Fbuffett16-tmf.jpg&op=resize&w=165&h=104","is_english":true,"pubTime":"2024-11-19 21:53","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2484923723","market":"us","top_or_hot":-1,"title":"Warren Buffett Just Did This for the Third Quarter in a Row, and It's a Big Warning Sign for the Stock Market","media":"Motley Fool","content":"<div>\n<p>Buffett's Berkshire Hathaway continues to be a net seller of stocks. \n\n\n\n\n\n\n\nOverall, the market is expensive based on historical averages. \n\n\n\n\n\n\n\nBuffett's concerns about a tax hike may fade ...</p>\n\n<a href=\"https://www.fool.com/investing/2024/11/19/warren-buffett-just-did-this-for-the-third-quarter/\">Source Link</a>\n\n</div>\n","source":"fool_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Warren Buffett Just Did This for the Third Quarter in a Row, and It's a Big Warning Sign for the Stock Market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWarren Buffett Just Did This for the Third Quarter in a Row, and It's a Big Warning Sign for the Stock Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-19 21:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2024/11/19/warren-buffett-just-did-this-for-the-third-quarter/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Buffett's Berkshire Hathaway continues to be a net seller of stocks. \n\n\n\n\n\n\n\nOverall, the market is expensive based on historical averages. \n\n\n\n\n\n\n\nBuffett's concerns about a tax hike may fade ...</p>\n\n<a href=\"https://www.fool.com/investing/2024/11/19/warren-buffett-just-did-this-for-the-third-quarter/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0256863811.USD","symbol_name":"ALLIANZ US EQUITY \"A\" INC","start_time":0,"source_url":"https://www.fool.com/investing/2024/11/19/warren-buffett-just-did-this-for-the-third-quarter/","article_id":"2484923723","we_media_id":null,"thumbnails":["https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F797969%2Fbuffett16-tmf.jpg&op=resize&w=165&h=104"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2484923723","pubTimestamp":1732024380,"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"Buffett's Berkshire Hathaway continues to be a net seller of stocks.Overall, the market is expensive based on historical averages.Buffett's concerns about a tax hike may fade following the election.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU0154236417.USD":"BGF US FLEXIBLE EQUITY \"A2\" ACC","LU1366333091.USD":"FIDELITY GLOBAL FOCUS \"A\" (USD) ACC","LU0742534661.SGD":"Fidelity America A-SGD (hedged)","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","BK4588":"碎股","BK4550":"红杉资本持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","IE0034235303.USD":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","BK4581":"高盛持仓","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","LU1363072403.SGD":"Fidelity Global Financial Services A-ACC-SGD","LU0251142724.SGD":"Fidelity America A-SGD","BK4176":"多领域控股","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU0683600562.USD":"AB SELECT US EQUITY \"A\" (USD) ACC","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","IE000M9KFDE8.USD":"NEUBERGER BERMAN US LARGE CAP VALUE \"A\" (USD) ACC","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","BRK.B":"伯克希尔B","LU0971096721.USD":"富达环球金融服务 A","BK4534":"瑞士信贷持仓","BRK.A":"伯克希尔","BK4585":"ETF&股票定投概念","LU0787776722.HKD":"AB SELECT US EQUITY PORTFOLIO \"A\" (HKD) ACC","LU0157215616.USD":"FIDELITY GLOBAL FOCUS \"A\" INC","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0251131958.USD":"FIDELITY AMERICA \"A\" (USD) ACC"},"translate_title":"沃伦·巴菲特刚刚连续第三个季度这样做，这对股市来说是一个很大的警告信号","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BRK.A":1,"BRK.B":1},"content_text":"Buffett's Berkshire Hathaway continues to be a net seller of stocks. \n\n\n\n\n\n\n\nOverall, the market is expensive based on historical averages. \n\n\n\n\n\n\n\nBuffett's concerns about a tax hike may fade following the election. \n\nWarren Buffett is the undisputed greatest investor of all time, and his success at Berkshire Hathaway (BRK.A) (BRK.B -1.23%), the conglomerate he has run for almost 60 years, has made thousands of investors rich alongside him.It's no surprise that investors watch Buffett's every move for insight into the market, and it helps that the Oracle of Omaha has been happy to dole out advice during his long career of market-crushing returns.So it was noteworthy in Berkshire's 13F filing -- which was released last Thursday and shows the company's stock purchases and sales -- that Buffett's bearish view of the stock market continued. The company's portfolio shrank for the third quarter in a row as it dumped equities amidst a roaring bull market.Image source: The Motley Fool.Berkshire's portfolio fell from $280 billion to $266 billion in the quarter, and it's down from $352 billion at the end of 2023.  Not only that, but the company also didn't repurchase its own stock for the first quarter in six years.Together, those two signals seem to indicate that Buffett could be preparing for a possible sell-off in the market as stock valuations are especially frothy. The S&P 500 trades at a price-to-earnings ratio of 30, and the CAPE ratio, a measure of valuation based on earnings over the last 10 years, is near an all-time high. Altogether, Berkshire sold seven stocks and bought three in the quarter.It sold:100,000 shares of Apple235,168,699 shares of Bank of America719,052 shares of Capital One20,679,787 shares of Nu Holdings1,007,062 shares of Charter Communications665,903 shares of Ulta Beauty3,977,870 shares of Floor & DecorIt bought:1,277,256 shares of Domino's Pizza5,445 shares of Heico404,057 shares of Pool Corp.Why Berkshire keeps selling stocksApple is still Berkshire's biggest holding, but Buffett's conglomerate has been selling the stock since the fourth quarter of 2023. During that time, it has reduced its holdings from 915.6 million shares  to just 300 million in the third quarter, and those sales have generated roughly $120 billion in cash.When asked about the stock sales, Buffett said he continued to think that Apple was a wonderful business, but he was hedging over rumors in Washington that the capital gains or corporate tax rate could go up. At Berkshire's annual shareholder meeting, he also said higher taxes are likely due to the growing national debt. With President-elect Donald Trump set to move into the White House, a tax hike seems less likely now, but the comments about the national debt are valid.Buffett hasn't explicitly said that stocks are overvalued, but he has complained that there aren't any attractively priced targets for the company to acquire. While Berkshire has been selling stocks, it's been rotating that cash into Treasury bills, a safe haven if the stock market pulls back.What it all means for investorsIt's nearly impossible to predict short-term movements in the stock market, and while stocks are expensive according to traditional metrics, the overall economy looks strong with a low unemployment rate, inflation now under control, and the Fed cutting interest rates to encourage economic growth.There are also valid reasons stock valuations have inflated, including the artificial intelligence boom, which has added trillions in value to the stock market, including making Nvidia the most valuable company in the world. Investors seem to be bullish on the Trump administration as they expect more tax cuts and deregulation, and falling interest rates are typically bullish for stocks.Still, Buffett's signals are unmistakable. The Berkshire chief can't predict a stock market crash, but he knows when stocks look too expensive. Before you get caught up in the market euphoria, it's worth taking his viewpoint into account.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2484923723"}