The Oracle of Omaha Warren Buffet has exited out of index funds in his portfolio. Is it time for you to do the same?

[ChiTown33]

Uncle Warren has been trimming his portfolio for many quarters but lately it's been reaching a crescendo. The S&P is down 3.9% from it's all time high. I'm a believer in pumping more capital in everytime there's a 5% drop. But the S&P's P/E ratio is far above normal telling us the market is way overvalued and ripe for a significant correction. Conventional wisdom says to never try to time the market. But unusual times sometimes call for unusual moves.

What say you? What is your opinion?

[lightbulb27]

Warren usually right, the market is very highly valued. He thinks better about these than many people, but he's been backing out for a while. I suspect he's hoping for a big correction so can buy some big stuff.

Otherwise, he's buying staple companies: alcohol and pizza and such. That is a huge statement that says "be ware!".

Tech and AI is likely overblown right now, but no doubt a good place to be long term for whomever survives.

[ChiTown33]

So would you ride the storm? Only about 4% of my portfolio is in an index fund so I don't think it'll make much of a difference anyways. But it's in my nature to CONSIDER everything, even if I do nothing. I'm not Warren Buffet.🤣

[exitseven]

I think the market is looking for direction. There was a big runup when Trump was first elected but there was sure to be a little bit of a pullback later.
I think once things are settled with energy production, tariffs and the big tax bill it will reach new highs.

[exitseven]

Thanks for the MHO😎

[jamesgoldman]

I don't have anything in then anyway

[jahaims]

They want liquid to buy everything low

[princeofromance]

I won't do so just because Warren does it.