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re: Some common myths about the markets that are untrue and/or 99% do not know
Posted on 4/16/24 at 8:32 pm to SloaneRanger
Posted on 4/16/24 at 8:32 pm to SloaneRanger
quote:
Another thing about Buffett—he is sitting on piles and piles of cash because he says he can’t find many good investments out there.
Alternatively he is not selling his stocks, so indecision can also be spun as a positive signal. He also bough around $9.3B of BRK stock back in 2023, another positive sign for his own portfolio.
You could also argue he’s just reinvesting the interest from their $164B cash position.
Warren seems a bit indifferent on the current market IMO.
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