In our discussion on Monday, we talked about the latest annual letter from Berkshire Hathaway, Warren Buffett’s holding company.
The big takeaway from that piece is that Berkshire Hathaway now holds a record $116 billion in cash.
More importantly, Buffett is NOT a buyer right now.
As he wrote in his letter…
“[P]rices for decent, but far from spectacular, businesses hit an all-time high.”
As we talked about on Monday, when the[...] Click here to continue reading