Why is Warren Buffet so quiet?
Where in the world are you Warren?
We do know that he has nearly 60% of his $208 billion portfolio in cash. That is $122 billion. He has only held such a large percentage since before the crash of 2009.
The last words I heard from him in the news was the following back in early 2019 or late 2018:
“We hope to move much of our excess liquidity into businesses that Berkshire will permanently own,” he said. “The immediate prospects for that, however, are not good: Prices are sky-high for businesses possessing decent long-term prospects.”
Add it to the list of signals pointing to a possible correction.