Reported 13 days ago
Warren Buffett has recently taken a cautious approach towards investing, evidenced by Berkshire Hathaway's $325 billion cash reserve and a historic $166 billion in stock sales, including divesting from major holdings like Apple. This shift indicates his belief that the market is significantly overvalued, leading him to prefer low-risk U.S. Treasury bills over equities. Analysts note that while this patience aligns with his strategy of waiting for better bargains, it also risks missing opportunities if the market rebounds.
Source: YAHOO