Buffett Is Counting His Cash

[] If you've even thought about dabbling in the world of investing then you probably know who Warren Buffett is, the oracle of Omaha as many call him. [] [] [] Buffett Is Counting His Cash If you've even thought about dabbling in the world of investing then you probably know who Warren Buffett is, the Oracle of Omaha as many call him. He began investing at the age of 11, and started his own business venture as a paperboy at 13, while also selling horse racing tip sheets, and the rest is history. Today, he’s one of the wealthiest people on the planet due to the power of continued investing, compound interest, and one of the best business senses known to man. When we see sudden economic downturns, the airstrip nearest Warren Buffett's house is filled with the private jets of Fortune 500 CEOs and top Wall Street managers asking the mogul for advice — seriously, no joke. [] But what's my point? If Warren Buffett is buying something it's typically a solid investment — period. And if he's selling something there's probably a reason why. It was just released that Berkshire Hathaway, Warren Buffett's company filed for the sale of another 14,000,000 shares of Bank of America (BAC), totaling about $550.7 million. This comes after several other sales of Bank of America shares from Berkshire. In fact, Berkshire has now sold over 4 billion worth of Bank of America shares since the end of the second quarter. So that could mean one of two things: 1. Berkshire Hathaway is trying to stack up cash to make some big purchases soon. 2. Berkshire is growing increasingly bearish on Bank of America and is selling out while shares are up. Those are just a couple of guesses but either one or both could be as likely of reasons. So, where does this leave us? Well, if you've been looking at trading Bank of America, you might just want to hold off on the bullish bets… While I am in no way recommending anything to either side, in times like this I historically wouldn't go betting against Warren Buffett and expect BAC shares to go up — but that’s just me. If somebody wanted to play this to the downside, they could certainly buy some puts and hope for bearish activity on Bank of America. While the stock is up about 13% this year, it's fallen over 8% in the past month, and 2% in the past week following the news of Buffett's selling activity. So, the bearish trend may be beginning. — Nate Tucci [] Buffett Is Counting His Cash If you've even thought about dabbling in the world of investing then you probably know who Warren Buffett is, the Oracle of Omaha as many call him. He began investing at the age of 11, and started his own business venture as a paperboy at 13, while also selling horse racing tip sheets, and the rest is history. Today, he’s one of the wealthiest people on the planet due to the power of continued investing, compound interest, and one of the best business senses known to man. When we see sudden economic downturns, the airstrip nearest Warren Buffett's house is filled with the private jets of Fortune 500 CEOs and top Wall Street managers asking the mogul for advice — seriously, no joke. [] But what's my point? If Warren Buffett is buying something it's typically a solid investment — period. And if he's selling something there's probably a reason why. It was just released that Berkshire Hathaway, Warren Buffett's company filed for the sale of another 14,000,000 shares of Bank of America (BAC), totaling about $550.7 million. This comes after several other sales of Bank of America shares from Berkshire. In fact, Berkshire has now sold over 4 billion worth of Bank of America shares since the end of the second quarter. So that could mean one of two things: 1. Berkshire Hathaway is trying to stack up cash to make some big purchases soon. 2. Berkshire is growing increasingly bearish on Bank of America and is selling out while shares are up. Those are just a couple of guesses but either one or both could be as likely of reasons. So, where does this leave us? Well, if you've been looking at trading Bank of America, you might just want to hold off on the bullish bets… While I am in no way recommending anything to either side, in times like this I historically wouldn't go betting against Warren Buffett and expect BAC shares to go up — but that’s just me. If somebody wanted to play this to the downside, they could certainly buy some puts and hope for bearish activity on Bank of America. While the stock is up about 13% this year, it's fallen over 8% in the past month, and 2% in the past week following the news of Buffett's selling activity. So, the bearish trend may be beginning. — Nate Tucci [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Jeffry Turnmire Trading provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Jeffry Turnmire Trading are for your informational purposes only. Neither Jeffry Turnmire Trading nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Jeffry Turnmire Trading is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [Prosperity Pub]( [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Jeffry Turnmire Trading provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Jeffry Turnmire Trading are for your informational purposes only. Neither Jeffry Turnmire Trading nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Jeffry Turnmire Trading is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [Prosperity Pub](