​If Buffett Is Selling, Should Anyone Be Bullish? – Tyler Durden

If Buffett Is Selling, Should Anyone Be Bullish? By Russell Clark of the Capital Flows and Asset Markets substack I started as an emerging market analyst in 2002, and one of the biggest best stocks at the time was Petrochina. It was listed in Hong Kong in 2000, and had done nothing for years, before stating to move in 2003, and rising 1,000% by 2007, before entering a prolonged bear market. In 2003, Warren Buffett bought 7% of Petrochina, and then slowly began exiting in 2007. The final spike happened after Berkshire Hathaway had sold out fully, and the market…  — Continue at ZeroHedge News : Read More