Why Is Warren Buffett Selling So Many Stocks?

The stock market is going through its first bear market in more than a decade, and investors have felt the pinch in their portfolios. Even Warren Buffett hasn't been immune from the economic impacts of the coronavirus pandemic, as his Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) has seen its stock price suffer as well.

Buffett is well known as an opportunist, taking advantage of tough market conditions to pick up bargain stocks on the cheap. This time, though, his most visible actions have been selling stocks. That seems to run counter to Buffett's entire investing philosophy.

There's a good reason underlying most of Buffett's stock sales lately. It has more to do with regulation than fundamental business prospects, though, and that's why it seems so out of line with what the Berkshire Hathaway CEO is likely doing with the rest of his portfolio right now.

Source Fool.com