Quote from mutluit:
"Billionaires Dumping Stocks, Economist Knows Why
..
Warren Buffett, who has been a cheerleader for U.S. stocks for quite some time, is dumping shares at an alarming rate.
..
Fellow billionaire John Paulson, who made a fortune betting on the subprime mortgage meltdown, is clearing out of U.S. stocks too.
..
billionaire George Soros recently sold nearly all of his bank stocks, including shares of JPMorgan Chase, Citigroup, and Goldman Sachs. Between the three banks, Soros sold more than a million shares.
...
Itâs very likely that these professional investors are aware of specific research that points toward a massive market correction, as much as 90%.
..."
http://www.moneynews.com/MKTNews/bi...stock/2012/08/29/id/450265?PROMO_CODE=1393F-1
though he still holds stocks in other companies ($85B), as you can see, he's not selling short America yet.
http://warrenbuffettstockportfolio.com/
Company Ticker Value On
2013-03-31 No of Shares % of portfolio
WELLS FARGO & CO NEW (COM) WFC 16,947,720,000 458,170,323 19.93%
COCA COLA CO (COM) KO 16,176,000,000 400,000,000 19.03%
INTERNATIONAL BUSINESS MACHS (COM) IBM 14,530,420,000 68,121,984 17.09%
AMERICAN EXPRESS CO (COM) AXP 10,227,658,000 151,610,700 12.03%
PROCTER & GAMBLE CO (COM) PG 4,068,235,000 52,793,078 4.78%
WAL MART STORES INC (COM) WMT 3,685,170,000 49,247,235 4.33%
DIRECTV COM 2,109,415,000 37,275,400 2.48%
US BANCORP DEL (COM NEW) USB 2,085,274,000 61,458,101 2.45%
PHILLIPS 66 COM 1,900,660,000 27,163,918 2.23%
DAVITA INC (COM) DVA 1,775,756,000 14,973,906 2.08%
MOODYS CORP (COM) MCO 1,515,101,000 28,415,250 1.78%
CONOCOPHILLIPS (COM) COP 1,449,847,000 24,123,911 1.70%
WASHINGTON POST CO (CL B) WPO 772,311,000 1,727,765 0.90%
GENERAL MOTORS COMPANY COMMON STOCK (SHS) GM 695,500,000 25,000,000 0.81%
LIBERTY MEDIA CORP DELAWARE CL A 627,622,000 5,622,340 0.73%
M & T BK CORP (COM) MTB 555,211,000 5,382,040 0.65%
BANK OF NEW YORK MELLON CORP (COM) BK 530,106,000 18,939,115 0.62%
NATIONAL OILWELL VARCO INC (COM) NOV 529,514,000 7,484,300 0.62%
VIACOM INC NEW (CL B) VIA-B 467,691,000 7,607,200 0.55%
COSTCO WHSL CORP NEW (COM) COST 459,813,000 4,333,363 0.54%
U S G CORP (COM NEW) USG 451,389,000 17,072,192 0.53%
CHICAGO BRIDGE & IRON CO N V (N Y REGISTRY SH) CBI 404,185,000 6,508,600 0.47%
VERISIGN INC (COM) VRSN 386,389,000 8,174,100 0.45%
PRECISION CASTPARTS CORP (COM) PCP 374,942,000 1,977,336 0.44%
DEERE & CO (COM) DE 342,094,000 3,978,767 0.40%
WABCO HLDGS INC (COM) WBC 287,748,000 4,076,325 0.33%
VISA INC (COM CL A) V 264,179,000 1,555,459 0.31%
TORCHMARK CORP (COM) TMK 253,302,000 4,235,818 0.29%
MASTERCARD INC (CL A) MA 219,158,000 405,000 0.25%
MONDELEZ INTL INC CL A 215,919,000 7,052,750 0.25%
SANOFI AVENTIS (SPONSORED ADR) SNY 207,573,000 4,063,675 0.24%
STARZ LIBRTY CAP 124,535,000 5,622,340 0.14%
VERISK ANALYTICS, INC. (SHS) VRSK 96,339,000 1,563,434 0.11%
KRAFT FOODS GROUP INC COM 82,554,000 1,602,061 0.09%
GLAXOSMITHKLINE PLC (SPONSORED ADR) GSK 70,858,000 1,510,500 0.08%
GANNETT INC (COM) GCI 38,059,000 1,740,231 0.04%
MEDIA GEN INC (CL A) MEG 27,599,000 4,646,220 0.03%
JOHNSON & JOHNSON (COM) JNJ 26,668,000 327,100 0.03%
GENERAL ELECTRIC CO (COM) GE 13,615,000 588,900 0.01%
UNITED PARCEL SERVICE INC (CL B) UPS 5,102,000 59,400 0.00%
LEE ENTERPRISES INC (COM) LEE 113,000 88,863 0.00%
Total Value As 2013-03-31: 85,001,344,000 SEC FILING
* Portfolios do not reflect changes after reporting
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