Warren Buffett may be cashing in stocks ahead of a storm, and could buy them back after it hits, top strategist says
1. Buffett sells stocks, anticipating a market downturn. 2. Berkshire Hathaway's stock sales totaled $212 billion, surpassing purchases by $177 billion. 3. Cash reserves at Berkshire have tripled to a record $344 billion. 4. Buffett’s cautious outlook echoes his past behavior before financial crises. 5. Buffett may repurchase stocks at lower prices after the anticipated slump.