Warren Buffett’s Berkshire Hathaway has sold off its holdings in S&P 500-tracking ETFs from Vanguard and State Street, marking a further retreat from the stock market. Despite previously endorsing low-cost index funds, Berkshire now holds a record $334.2 billion in cash, fueling speculation that Buffett sees the market as overvalued or anticipates a downturn.
However, Buffett maintains significant individual stock investments, including in Apple and Bank of America. Buffett has also increased his stake in five major Japanese trading houses, seeing them as a stable investment amid market uncertainty. His continued interest in these firms has driven their stock prices higher.
