Warren Buffett’s firm Berkshire Hathaway sold $28.7 billion of stock in the first three quarters of 2023.
- It’s a move that some economists have interpreted as ringing alarm bells for the American economy.
- As Buffett is considered one of the greatest investors of all time, as well as one of America’s richest men, his moves are closely observed and analyzed.
A former member of Reagan’s Council of Economic Advisers says it’s a sign “that a recession is right around the corner.”