Why is Warren Buffett selling banks?

“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful.”― Warren Buffett.

So What is Exactly Happening?

Managers and Chairmen are Doing the Work?

Todd Combs

Buffet Remains Optimistic

New York Stock Exchange

Berkshire Hathaway’s Cash Pile

Other Sell Offs by Berkshire Hathaway

  1. ) Sold all airline stocks which include the four largest U.S. airlines: United, American, Southwest and Delta Airlines.
  2. ) Fully exiting positions in insurance giant Travelers and energy company Phillips 66.

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