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Berkshire Hathaway's cash fortress tops $300B as Buffett sells more stock

• ggm 2y ago
  Holding cash is a valid proposition for a belief in radical change in stock value. The thing is that it also represents the fear side of "margin call" and "the big short" -it's the astute move which translates to millions and millions of people suffering the consequence of holding the inflated stocks you sold out of, to have $300B of cash. So, I don't entirely like BH but they are very smart. This cash concerns me, more than Apples huge cash holdings. Apple is not diversifying its cash into general investment outcomes, it wants to use the cash to butress apple stock value BH is across all markets (big in RE and retail but they anything) so if they hold this much it does say they see risk of big changes, inversions of value in virtually every aspect of global markets. Thats not a pro-crypto position: It's "we may be at war" position. When they move it into gold, I think it's time to really worry.
• deleted 2y ago
  [deleted]