Reported 5 days ago
Warren Buffett has accumulated a record cash reserve of $334 billion while expressing caution about the uncertain stock market, as evidenced by recent declines in the S&P 500. Historically, Buffett utilizes such reserves to buy undervalued stocks during market downturns, which has previously led to substantial profits. The key lesson for investors is to avoid panic selling during crashes; instead, they should hold onto quality investments, as markets typically recover.
Source: YAHOO