Maybe Warren Buffett is warning us about something
“The Oracle of Omaha isn’t known for holding back his opinions, but he’s been mum on the question of whether U.S. equities are too expensive. . .Then again, Buffett doesn’t have to say much, when his money can do all the talking. The vast cash hoard of his company, Berkshire Hathaway Inc., has been vaster only once before — just before the worst financial crisis since the Great Depression.”
USAGOLD note: Gongloff explores Warren Buffett’s cash hoard as a market indicator and reviews possible incentives for his caution.
Repost from 8-28-2019