If you look at Morningstar’s article on Warren Buffett this morning, the Oracle of Omaha is doing what I’m doing as well: Seeing the oversaturated market, taking profit, and waiting for the correction. With oil unrest taking center stage, the pretense for correction exists. Add to that my recent recommends in oil and mineral rights stocks that pay 7-10% dividends are all up 3-22% over the last two weeks and you have the signs of a shift.
If you made some money on it, and you don’t want to ride the ride another cycle, get it gone.