'Who am I to be bold?' Warren Buffett's lack of stock purchases worries billionaire investor Leon Cooperman

Paul Morigi / Stringer / Getty Images

• Warren Buffett's lack of stock purchases during the market meltdown is a red flag for Leon Cooperman, the hedge-fund billionaire said in an email obtained by Business Insider.
• "If the greatest investor in my generation can't figure it out, who am I to be bold?" Cooperman said.
• Buffett's Berkshire Hathaway made only $1.8 billion in net stock purchases in the first quarter, and netted $6.1 billion from stock sales in April.
• Cooperman shared several concerns about the coronavirus pandemic's long-term impacts, and argued the S&P 500 was about 10% overvalued.
• Visit Business Insider's homepage for more stories.

  ---

Warren Buffett and Charlie Munger's dearth of stock purchases during the coronavirus sell-off is a red flag for investors, hedge-fund billionaire Leon Cooperman said in an email obtained by Business Insider.

"I'm a watcher of Buffett and Munger for good reason," he said. "Uncharacteristically, Buffett sold airlines into weakness and he doesn't seem to be too active despite his liquidity."See the rest of the story at Business Insider

NOW WATCH: Tax Day is now July 15 — this is what it's like to do your own taxes for the very first time

See Also:

• Award-winning fund manager Randall Dishmon says the way to win at investing is to think like a Warren Buffett-style acquirer. Here are the 3 questions he always asks before buying a stock.
• Billionaire hedge-fund manager Bill Ackman breaks down his 3-part investing methodology — and makes a case for 'a really cheap interesting stock run by the best investor in the world'
• 'Beware of the oddity': A Wall Street firm studied every market crash over the last 150 years to reveal how abnormal this one is — and concluded that stocks are doomed for another fall