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>> WARREN BUFFETT Latest News

JAN 27, 2014 - Business Insider

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I Just Sold My Google And Facebook Stock Because I Believe We're At The Top Of The Tech Boom (GOOG, FB)

This morning, I sold all my Google and Facebook stock. Regular readers will know that for a long time my official bio at Business Insider has carried two conflict-of-interest disclaimers, that I own two shares of GOOG and 30 shares of FB. I've sold the lot because I've recently become convinced that the tech boom has fully boomed, and thus I ought to sell at what appears to be a market top. First I'll discuss the technical matter of the sale, and then I'll explain what I think is happening with tech stocks more broadly. Sure, the market may yet go higher. This tech boom may go cruising ... Read More

Tags: I Just Sold My Google And Facebook Stock Because I Believe We're At The Top Of The Tech Boom (GOOG, FB),  Warren Buffett Latest News