Warren Buffett's Defensive Stock Sale
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Warren Buffett amasses more cash and sells more stock, but doesn't explain why in annual letter
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Warren Buffett sold more stocks in the latest quarter and grew a record cash pile even larger to $334 billion .
Buffett failed to explain why the investor was seemingly battening down the hatches.
Buffett said this posture in no way represented a move away from his love for stocks.
Buffett did signal he would be deploying capital in one area: the five Japanese trading houses.