Warren Buffett and Berkshire Hathaway Remain Cautious as Stocks Soar. Should Investors Follow Suit?
Buffett continues to sit on the sidelines with a boatload of cash. Berkshire Hathaway (BRK.A 0.89%) (BRK.B 1.05%) and its chief executive officer, legendary investor Warren Buffett, continued to shun stocks in Q2. Buffett has long been considered one of the world's best investors, but he's been selling a lot more stocks than buying recently. In fact, the second quarter was the 11th straight quarter in which Buffett was a net seller. During the quarter, he bought about $4 billion in stock while selling rough ...