by Jim Quinn,The Burning Platform:
Buffet has $400 billion in cash, while matching the S&P 500 return since 2021. The method that made him the greatest investor of all-time, says the market is the most overvalued in history. Meanwhile, the “smart” guys are fully invested in the latest delusional crap – AI.
At least we are on the verge of WW3, gas is $4.49 a gallon, and inflation is about to skyrocket due to Trump’s idiotic war for Israel. Being heavily in cash paying 3% to 4% will be a brilliant move in retrospect when the stock market crashes again. Some people never learn.
TRUTH LIVES on athttps://sgtreport.tv/
BREAKING: Berkshire Hathaway announces its cash balance is now up to a record $397 billion.
The company sold a net -$8.1 billion worth of stocks last quarter, marking its 14th-consecutive net quarterly sale.pic.twitter.com/ILz147ayGq
— The Kobeissi Letter (@KobeissiLetter)May 2, 2026
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Source: SGT Report