Amidst the longest bull market in history, investors are constantly chattering about whether the market has reached its peak. While many smart people have had many smart things to say on both sides of this argument, there is a particular individual of interest who has been consistently quiet on this topic. Widely considered to be the best investor of all time, Warren Buffett is famous for not trying to predict how the market is going to behave. Given this stance, he naturally has not made much comments on whether there is a market bubble. But here, the old adage "actions speak louder than words" might reveal more about his stance on the topic than one may think.
Cash as "Dry Powder"In order to deduce Buffett's opinion on the current market valuations, we took a look at the cash portion of his company Berkshire Hathaway. In the investing world, cash
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