Warren Buffett, a super-smart investor, sold all his shares in two big stock market groups called SPY and VOO. These groups own lots of different companies. He did this even though the market did well last year. It was a big move!
- Buffett sold millions of dollars worth of SPY and VOO shares.
- He now has a lot of cash saved up, suggesting he's waiting for better investment opportunities.
- Experts aren't completely sure why he sold, but it might be because he's worried about the market or wants to invest in specific companies instead of big groups.
Fact | Number |
---|---|
SPY shares sold | 39,400 |
VOO shares sold | 43,000 |
Total value of sales | About $45 million |
S&P 500 return in 2024 | 25% |