Warren Buffett may be cashing in stocks ahead of a storm, and could buy them back after it hits, top strategist says
Warren Buffett may be cashing in stocks because he sees a storm on the horizon — and could buy them back once prices tumble, a senior market strategist says. The "Oracle of Omaha" has a "history of selling out of the stock market" when economic and financial indicators are "signaling a bear market or a recession is coming," Wedbush's chief investment strategist, Paul Dietrich, told Business Insider. Buffett's Berkshire Hathaway has been a net seller of stocks for 11 straight quarters, even though the market ...