Deciphering Buffett: What are the Oracle of Omaha's million-dollar sales hiding?

“The first rule of an investment is not to lose money. And the second is not to forget the first.” That is one of the main sayings of Warren Buffett, considered the most iconic investor in the United States and the world.

These days, many followers of the Oracle of Omaha - as the American businessman is known - are remembering this saying, because his investment office, Berkshire Hathaway, has just sold large positions in Apple and Bank of America.

“It seems that in finance, as in all other human activities, following the leader of the pack is advisable,” says Héctor Osorio, an economist at PKF consulting firm.

According to the expert, the founder of Berkshire Hathaway could be “foreseeing an anomalous situation in the market, a contractionary process, where acting accordingly means liquidating positions, and thus obtaining liquidity that will allow him to take a larger position when the market falls”.

However, he proposes another option: “I am inclined to think that Buffett's position is to look for a business opportunity. Maybe he already has it and from what he is doing he is going to materialize it.”