Billionaires Buffett and Soros are busily dumping stocks; Buffett's dumped all of his company's holdings in Intel, as well as significant chunks (read: millions of shares) in companies like Johnson & Johnson, Kraft, and more. Soros has dumped around a million shares of holdings in various banks, like Chase and Citi, depleting nearly all of his stocks in the large financial organizations.
Other billionaires are taking similar approaches, which can't be a good sign for the rest of us. If they're getting out while the getting's good, then they're planning on leaving us holding the bag when the next bubble pops.
