🛸 CASE FILE #155
Warren Buffett Is Sitting on Nearly 400 BILLION DOLLARS as Markets Become a "Casino."
Berkshire holds roughly 380 billion dollars in net cash and equivalents, while Buffett says markets increasingly resemble "a church with a casino attached."
He also admits he understands fewer businesses today than 10 years ago — and Berkshire has remained highly selective despite record markets.
Buffett isn’t predicting collapse. But he’s keeping one of the biggest war chests in history ready.
Warren Buffett Is Sitting on Nearly 400 BILLION DOLLARS as Markets Become a "Casino."
Berkshire holds roughly 380 billion dollars in net cash and equivalents, while Buffett says markets increasingly resemble "a church with a casino attached."
He also admits he understands fewer businesses today than 10 years ago — and Berkshire has remained highly selective despite record markets.
Buffett isn’t predicting collapse. But he’s keeping one of the biggest war chests in history ready.