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CFRA Research analyst Cathy Seifert claimed shareholders will speculate why Buffett is continuous to build up a lot cash. “Are they additional pessimistic about the long run financial and market photo than perhaps Other folks are?” she reported.
Buffett reported at the yearly Conference in May well that Component of why he started out advertising a number of his Apple shares is usually that he expects tax rates to go greater Later on. But Edward Jones analyst Jim Shanahan claimed he wonders if Section of The key reason why Buffett begun advertising Apple is tied to very last calendar year’s Dying of Vice Chairman Charlie Munger since the product sales started Soon just after Munger’s Loss of life.
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