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Warren Buffett, warning of 'scoundrels' and 'fiscal folly,' slashes his exposure to U.S. stocks


Published on 2025-02-22 14:41:10 - MSN
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  • Instead, the "Oracle of Omaha" has become a "committed" and "long-term" investor in a handful of Japanese companies.

Warren Buffett, in his latest annual letter to Berkshire Hathaway shareholders, has significantly reduced his exposure to U.S. stocks, signaling caution amidst what he describes as a landscape filled with "scoundrels" and "fiscal folly." The billionaire investor, known for his long-term investment strategy, has decreased his company's stake in U.S. equities, with a notable reduction in shares of companies like Chevron and HP Inc. Buffett's move comes at a time when he warns of potential economic pitfalls, including high inflation, rising interest rates, and geopolitical tensions. He emphasizes the importance of avoiding permanent capital loss over chasing short-term gains, highlighting his preference for cash and short-term Treasuries as safer havens in the current economic climate. This strategic shift reflects Buffett's ongoing concern about the sustainability of current market valuations and his skepticism towards the economic policies that could lead to future financial instability.

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