I don't claim to be a market timer. What happened is I sold some real estate in 2022 and 2023 and have needed to make decisions about how to invest the money. I remain mostly invested in real estate but now have more money in the stock market than ever before. At the age of 82 with 83 looming on the horizon I prefer to stay on the cautious side. Like most of the world I follow what Buffett does and he has been selling some stocks that look fine to me and holding the proceeds rather than reinvesting them in other equities. I will not delve into speculating why he is selling but AAPL had become an overwhelming portion of BRK's portfolio and the potential for higher corporate tax rates had reared its ugly head.
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"No one is more hated than he who speaks the truth." Plato
“To argue with a person who has renounced the use of reason is like administering medicine to the dead.” Thomas Paine
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