WARREN BUFFETT SAID THE US DOLLAR IS ABOUT TO COLLAPSE AND HE DOESN'T UNDERSTAND STOCK MARKET ANYMORE.
THE 95-YEAR-OLD INVESTING LEGEND SAYS THE MARKET HAS BECOME A “CHURCH WITH A CASINO ATTACHED.”
HE’S SITTING ON $380 BILLION IN CASH.
WHY?
“I UNDERSTAND FEWER OF THE BUSINESSES AS A PERCENTAGE OF THE WHOLE THAN I DID 10 YEARS AGO.”
HE ALSO WARNED THAT AMERICA IS NOT IMMUNE TO RUNAWAY INFLATION.
AND WHEN ASKED IF HE SEES A MARKET CRASH COMING?
“IF YOU SAW IT COMING, IT WOULDN’T HAPPEN.”
THE 95-YEAR-OLD INVESTING LEGEND SAYS THE MARKET HAS BECOME A “CHURCH WITH A CASINO ATTACHED.”
HE’S SITTING ON $380 BILLION IN CASH.
WHY?
“I UNDERSTAND FEWER OF THE BUSINESSES AS A PERCENTAGE OF THE WHOLE THAN I DID 10 YEARS AGO.”
HE ALSO WARNED THAT AMERICA IS NOT IMMUNE TO RUNAWAY INFLATION.
AND WHEN ASKED IF HE SEES A MARKET CRASH COMING?
“IF YOU SAW IT COMING, IT WOULDN’T HAPPEN.”