Warren Buffett's 2024 Moves: Positioning for a Potential Recession

#Warren Buffett’s recent strategic decisions indicate a cautious stance on the market and the economy:

🔶 Sold Over $100 Billion of #Apple ($AAPL) Stock
— Significantly reduced #Berkshire Hathaway’s stake in the tech giant.

🔶 Halted Berkshire Hathaway ($BRK) Stock Buybacks
— Buybacks paused, signaling a shift in capital allocation.

🔶 Built Largest Cash Balance in Company History
— Holding a record $325 billion in cash, signaling caution.

🔶 Holds $288 Billion in U.S. Treasury Bills
— Surpassed even the Federal Reserve, holding $93 billion more.

🔶 Restricting Buybacks to Below Intrinsic Value
— Buybacks will resume only if Berkshire’s stock price falls below its intrinsic value.

These moves suggest Buffett is preparing Berkshire Hathaway for potential economic challenges ahead, positioning like a recession could be on the horizon.