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No. Buffet had been exiting positions to cash for a few months. My impression is that he started that process once he got a whiff of the possibility of a secon
by BLKNSLVR 2y ago
No. Buffet had been exiting positions to cash for a few months.
My impression is that he started that process once he got a whiff of the possibility of a second Trump term in combination with the likelihood of an incoming recession (based on historic indicators), no matter who won the presidential race.
That's smart as opposed to well connected / insider trading.