Warren Buffett Sells His S&P 500 Index Funds Before the Market Crash and Buys a Restaurant Stock Up 375% in 10 Years
On April 2, President Donald Trump unveiled his "Liberation Day" tariffs, which included a 10% tax on most imported goods and heavier country-specific duties dubbed reciprocal tariffs. The news stunned Wall Street. The S&P 500 (SNPINDEX: ^GSPC) declined 12% during the next five trading days, leaving the index 19% below the record high reached in February.Ahead of that tariff-driven market crash, Warren Buffett's Berkshire Hathaway made two interesting capital allocation decisions in the fourth quarter. Of course, neither Buffett nor his co-investment managers could have known what was coming, but the trades are still worth exploring:Here's what investors should know.Continue reading
On April 2, President Donald Trump unveiled his "Liberation Day" tariffs, which included a 10% tax on most imported goods and heavier country-specific duties dubbed reciprocal tariffs. The news stunned Wall Street. The S&P 500 (SNPINDEX: ^GSPC) declined 12% during the next five trading days, leaving the index 19% below the record high reached in February.
Ahead of that tariff-driven market crash, Warren Buffett's Berkshire Hathaway made two interesting capital allocation decisions in the fourth quarter. Of course, neither Buffett nor his co-investment managers could have known what was coming, but the trades are still worth exploring:
Here's what investors should know.
