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☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to US News@lemmygrad.mlEnglish · 6 months ago

Bezos has divested $12.5 billion worth of Amazon shares, while Warren Buffett has disposed of his Apple stock investments and is now sitting on a staggering $325 billion in cash reserves.

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Bezos has divested $12.5 billion worth of Amazon shares, while Warren Buffett has disposed of his Apple stock investments and is now sitting on a staggering $325 billion in cash reserves.

☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to US News@lemmygrad.mlEnglish · 6 months ago
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These actions suggest that we may be standing at the precipice of the largest financial bubble in history, which they seem to believe is about to burst imminently.

https://breakingthenews.net/Article/Amazon's-Bezos-sells-dollar1.25B-worth-of-shares/63056547

https://www.wsj.com/finance/investing/does-warren-buffett-know-something-that-we-dont-48fabc9d

https://www.forexlive.com/stock-market-update/buffetts-berkshire-hathaway-hoarding-cash-in-a-pattern-seen-before-the-financial-crisis-20241112/

  • ☆ Yσɠƚԋσʂ ☆@lemmygrad.mlOP
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    6 months ago

    I suspect another reason could be that they want to have cash on hand to buy things up when the crash happens. Every time there’s a crash we see a massive wealth transfer to the top, and billionaires are positioning too take advantage of the one that’s unfolding.

    • footfaults [none/use name]@hexbear.net
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      6 months ago

      deleted by creator

      • ☆ Yσɠƚԋσʂ ☆@lemmygrad.mlOP
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        6 months ago

        Yup, he’s getting ready for the Black Friday for billionaires.

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