Warren Buffett's and Greg Abel's $175 Billion Warning Echoes Loudly Through Wall Street

Berkshire Hathaway's leadership has sold a net $175 billion in stocks since October 2022, signaling concerns about unsustainable market valuations. Despite Greg Abel's $17 billion purchase of Alphabet shares in Q2, the company has been a net seller in 14 of the last 15 quarters. The Buffett Indicator reached an all-time high of 240.32%, surpassing valuations seen during the dot-com bubble, suggesting the stock market is historically expensive.