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Buffett's decision to sell his US stocks is seen as a stroke of genius, and analysts are bullish on Berkshire.

Market IntelThursday, Mar 13, 2025 8:20 pm ET
1min read

Warren Buffett has been hailed as a "genius" once again for his perfect timing in selling stocks as the US stock market enters a bear market. Buffett's move is now seen as a stroke of genius. Despite the booming market in 2024, Buffett continued to sell stocks, which drew many criticisms. However, as the US stock market plunged in early 2025, Buffett's foresight was again proven, and his investment philosophy of "be greedy when others are fearful, and be fearful when others are greedy" was again validated by the market. Buffett net sold stocks for nine consecutive quarters in 2024, amassing a record $334bn in cash, avoiding the market plunge in early 2025. Buffett significantly reduced his stakes in apple and bank of america, with Apple's position falling from 49 per cent to 23 per cent. Thanks to Buffett's successful operation, Berkshire Hathaway's B shares have risen 11 per cent so far this year. Analysts rate the stock "average buy" with a target price of $557.

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