I still don’t get why he wouldn’t just wait for the crash and then buy the index. Shorting has 100% upside at most and infinite downside. Going long has infinit

I still don’t get why he wouldn’t just wait for the crash and then buy the index. Shorting has 100% upside at most and infinite downside. Going long has infinite upside and at most 100% downside. Buffett has gotten pretty rich by buying during crashes, so you can’t say it doesn’t work.