Warren Buffett's Favorite Market Indicator Says There's Trouble Ahead. Should You Listen?
If you spend any amount of time listening to Warren Buffett, you know that he doesn't like to chase overvalued stocks. If you've been following Buffett recently, you also know that he's been selling a lot more stocks than he's been buying.
In the first quarter, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), the holding company he's managed since 1965, closed out four positions and reduced nine others. During the same period, Berkshire Hathaway added three new positions and added shares to six.
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Source Fool.com