Reported 1 day ago
Warren Buffett is spotlighting a potential market risk with a cash reserve of $344 billion at Berkshire Hathaway, signaling that many stocks may be overpriced, yet this warning is being overlooked by Wall Street and investors. Despite not publicly forecasting doom, Buffett's trend of selling more stocks than buying and the high stock market valuations, evident from the Buffett indicator surpassing 213%, suggest caution. Investors should heed Buffett's advice to be cautious when others are greedy, emphasizing a long-term investment approach.
Source: YAHOO