Name: Warren Buffett is battling a bargain drought — and pared his Apple bet because it’s a ‘one-trick pony,’ expert says
Uploaded: 2024-05-12T02:28:44-04:00
Duration: 5 min
Description: Warren Buffett. REUTERS/Rick Wilking Warren Buffett is building up cash because he can’t find anything better, Ted Oakley said. Buffett probably cut his Apple stake to reduce his exposure to the “one-trick pony,” Oakley said. The financial advisor predicted Buffett would pounce on bargains regardless of the market backdrop. Warren Buffett is stacking up cash […]

Tag: onetrick

Warren Buffett is battling a bargain drought — and pared his Apple bet because it’s a ‘one-trick pony,’ expert says

Warren Buffett. REUTERS/Rick Wilking Warren Buffett is building up cash because he can’t find anything better, Ted Oakley said. Buffett probably cut his Apple stake to reduce his exposure to the “one-trick pony,” Oakley said. The financial advisor predicted Buffett would pounce on bargains regardless of the market backdrop. Warren Buffett is stacking up cash […]