This story was originally published here.
There was a big surprise at the recent Berkshire Hathaway annual meeting.
Company Chairman Warren Buffett was unenthusiastic. He said the future is bright, but he didn’t sound upbeat about the near term.
He’s worried about the current crisis. That’s different than his attitude in 2008.
He was excited about stocks then. He even shared his view in The New York Times in a piece titled: “Buy American. I Am.”
While his words are important, as always with Buffett, we learn more from his actions. Probably the most significant action to consider is his recent inaction.
Buffett controlled $137 billion in cash at the end of March, $10 billion more than he had at the beginning of the quarter.
As stocks fell, Buffett didn’t buy. He was selling.
We know some of the shares he sold ended up in accounts at Robinhood. It’s a no-commissions broker that’s a favorite of millennials.
Investors need to ask: Would you rather follow Buffett or the individual investors at Robinhood?
This question offers insight into the current market rally…
Editor's Note: Click here for the full story.
This New 5G Stock Is Set to Dominate
You may have already heard of Presidential Memorandum O-2518… it's one of many reasons that 5G’s reach could soon soar by as much as 22,540% to become a $12 trillion market.
But what you might not have heard of yet is the tiny stock that is uniquely positioned to take advantage of this massive move.
Even if this stock only captures a fraction of this market, you could still capture life-changing gains.
As of right now, you can still get in for under $10 a share. But I don’t expect it to be trading here for long.
This fast-moving shift to 5G Spectrum technology is already underway. And the time to take decisive action is now.
Get the full details here.
