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Why Are Warren Buffett And Michael Burry Selling Stocks?

Warren Buffett, the Oracle of Omaha, and Dr. Michael Burry, Christian Bale’s character in the film The Big Short, are two of my favorite investment legends. Though their investment styles differ greatly, their track records speak for themselves.

In recent months, both investors have made moves that I believe scream caution. Notably, Buffett and Berkshire Hathaway (NYSE:BRK-B) have been selling a lot of Apple (NASDAQ:AAPL) and Bank of America (NYSE:BAC) shares, while Dr. Burry has reportedly offloaded stakes in a wide range of firms, including Block (NYSE:SQ), in addition to taking profits in his gold holdings.

Undoubtedly, it’s noteworthy whenever there’s substantial selling by two of the most respected and influential investors of our generation. In this piece, we’ll look at three stocks on the receiving end of sales by either Buffett or Burry.

This post appeared first on 24/7 Wall St.