GON
$100 Site Donor 2024
Interesting times, in the link below Warren Buffett states he does not have a majority of his net worth in equities, first time since 1942.
The primary reason he states centers on not a big enough opportunity for him to buy. He also discusses principle preservation.
I am a bit cynical in my assessment of his cash-bonds-and Treasury position. I sense he thinks equities are overvalued, and a correction is coming, or maybe even worse.
Take away for me is the old guy is seeing something of significant concern, and is hording cash for a reason.
The primary reason he states centers on not a big enough opportunity for him to buy. He also discusses principle preservation.
I am a bit cynical in my assessment of his cash-bonds-and Treasury position. I sense he thinks equities are overvalued, and a correction is coming, or maybe even worse.
Take away for me is the old guy is seeing something of significant concern, and is hording cash for a reason.
Warren Buffett Drops Investing Advice in Latest Shareholder Letter — 'I Can't Remember A Period Since March 11, 1942 ... That I Have Not Had A Majority Of My Net Worth In Equities'
When Warren Buffett speaks, investors listen. Or at least they should. Buffett has long been known as one of the greatest investors the world has ever seen. On Feb. 24, Buffett shared Berkshire Hathaway Inc.’s 2023 shareholder letter. While all 17 pages are worth a read, some tidbits are more...
finance.yahoo.com