He said in an interview a number of years ago that he likes to hold a substantial cash reserve to be able to take advantage of opportunities. Maybe he sees opportunities on the horizon
Maybe he sees Apple taking a Dive, on the other hand, maybe he sees Apple Doing much better, and some other Stocks dropping, leaving an opening for large investments....
More than that - Warren Buffet sold $75.5 billion worth of stock last quarter, significantly more than any time in the company's history
He said in an interview a number of years ago that he likes to hold a substantial cash reserve to be able to take advantage of opportunities. Maybe he sees opportunities on the horizon
Maybe he sees Apple taking a Dive, on the other hand, maybe he sees Apple Doing much better, and some other Stocks dropping, leaving an opening for large investments....
I wouldn't be surprised if it was the latter....