What Does Warren Buffett Know That We Don't? (Suspiciously Dumping Stocks)

What Does Warren Buffett Know That We Don't?

The billionaire investor has just offloaded a jaw-dropping $77 billion in stocks in the second quarter alone—a figure that dwarfs his typical annual sales.

What does it signal for the economy?

This is "the biggest warning yet that Buffett doesn't see a lot to like in the current stock market," The Motley Fool reports.

Buffett has trimmed his massive stake in Apple, which once made up nearly half of Berkshire Hathaway’s entire portfolio. This marks the third straight quarter Buffett has reduced his Apple holdings, despite previously calling it "a better business than any we own."

But what’s more telling is his cautious approach to reinvestment. Instead of snapping up new opportunities, Buffett has been sitting on a growing pile of cash and Treasuries.

Despite his well-known bullishness on the American economy, Buffett’s actions speak louder than words. If Buffett’s selling spree is any indication, tougher times could be ahead for the market.