Reported 14 days ago
Billionaire Warren Buffett's recent actions, including no stock buybacks and increasing cash reserves at Berkshire Hathaway, signal his cautious outlook on the current market, suggesting that he doesn't see good investment opportunities. As valuations rise, Buffett may be preparing for a market correction, which could present buying opportunities for investors. Historically, market downturns lead to rebounds, and those who stay patient can benefit from lower prices when the market dips.
Source: YAHOO