These actions suggest that we may be standing at the precipice of the largest financial bubble in history, which they seem to believe is about to burst imminently.
https://breakingthenews.net/Article/Amazon%27s-Bezos-sells-dollar1.25B-worth-of-shares/63056547
https://www.wsj.com/finance/investing/does-warren-buffett-know-something-that-we-dont-48fabc9d
https://www.forexlive.com/stock-market-update/buffetts-berkshire-hathaway-hoarding-cash-in-a-pattern-seen-before-the-financial-crisis-20241112/
I suspect another reason could be that they want to have cash on hand to buy things up when the crash happens. Every time there's a crash we see a massive wealth transfer to the top, and billionaires are positioning too take advantage of the one that's unfolding.
This is my suspicion as well since that's how Buffet operated in 2008
Yup, he's getting ready for the Black Friday for billionaires.