Warren Buffett investment strategy: Warren Buffett shifts gears: Dumps two major stocks, pours billions into Consumer Staples, here’s why
In a strategic shift reflecting caution towards current market conditions, Warren Buffett’s Berkshire Hathaway has divested from two prominent U.S.-based investments, signaling a reevaluation of its investment approach.
Exit from S&P 500 ETFs
Berkshire Hathaway has fully exited its positions in the Vanguard S&P 500 ETF (VOO) and the SPDR S&P 500 ETF Trust (SPY), selling shares worth approximately $22 million each. These ETFs, which track the S&P 500 index, have been long-standing recommendations by Buffett for individual investors due to their broad market exposure and low costs.
Despite this move, Buffett’s endorsement of index funds for individual investors remains unchanged. The decision to sell these holdings, which constituted a minor…
