Reported about 17 hours ago
Warren Buffett, renowned for his value investing, is currently sitting on over $325 billion in cash as the stock market blossoms, raising questions about his strategy. Despite significant gains in corporate profits and stock values, Buffett appears cautious, possibly viewing the market as overvalued. While Berkshire Hathaway recently invested in Domino's Pizza and Pool Corporation, they are largely holding back, likely due to skepticism regarding the sustainability of current valuations and ongoing competition for acquisition targets. Buffett's approach emphasizes long-term value, suggesting that he strategically avoids the market frenzy.
Source: YAHOO