Buffett's holdings list of the exposure only the holdings of Wells Fargo Bank

 Yesterday, Warren Buffett's Berkshire. Hathaway disclosed the ownership end of last year's list. This time, shares God has completely clearing eight stocks, the stock portfolio to reduce the number of years at least.

According to the list of disclosures, including Bank of America, Nestle, Nike stock is Buffett clearance 8. New York Mellon Bank and Moody's were respectively 10% and 1.6% reduction. Also includes American Express, Coca-Cola and other 15 holdings of stocks and of the third quarter was flat. As of last year, the value of Buffett's stock portfolio held by 526 million, compared with the previous quarter growth of more than 8%.

In fact, the reduction or clearance of the stock was mostly financial and retail industries. One Bank of America, of New York Mellon, and Moody's are total three holdings of financial stocks about 726 million shares. The retail sector is included Nestle, Nike and Lowes3 companies. Interestingly, Buffett's current portfolio holdings in 25 stocks, for a few years at least.

The opposite. In the fourth quarter of 2010, the Dow Jones industrial average has risen 7%, S & P 500 index shot up 10%. In the context of the market for the better, Buffett Wells Fargo has only a company holdings, holdings of the proportion of 1.8%. Currently, Berkshire Hathaway remains the largest shareholder of the latter.

greedy when others fear, could have been cashing in Buffett's famous words?

Bank of China chief economist Albert Yip International yesterday to the . Still, Buffett is still the holdings of Wells Fargo. This shows that changes in its investment portfolio is not really bearish on the broader market, but the adjustment of shareholding structure.

Nanhua Futures Institute director Zhang Yiwei that the ownership change, and Buffett's investment philosophy has a lot to individuals. Because of his respect for the value of investments held by the stock when the market higher and achieve the target price, the reduction has become an operating practice. This does not mean that Buffett on the market pessimism. The holdings of Wells Fargo is simply there are two possibilities, first, its value is too low, the second is required for configuration.

Interestingly, Buffett had all sold in the United States is not without signs of silver. In 2009, Buffett said publicly, even though Bank of America has done in the good deposits, but other businesses are not very good. In fact, when Bank of America in January 2009 to 18.5 billion after the acquisition of Merrill Lynch, Buffett denounced the purchase price far too high.