PrintSmith wrote: So you agree . . . there are many possible reasons that Buffett acted in the manner he did that are outside a feeling of failure in the near future.
This isn't the first and only time Buffett withdrew from the market and into a stronger cash position. Mostly he has followed this path when he feels the market is overvalued. He has a history of not investing heavily during times when the market is expanding rapidly, sometimes at the expense of profits that may have been earned had he been willing to participate in the expansion.
The most important aspect of Berkshire in Buffett's eyes has always been its reputation, not it's net worth, and he has sacrificed the latter to protect the former many times during his tenure.
the market is way over valued,so the first bolded is because he was wanting the company to be well positioned. jmo
I think the market has been over valued for years based on P/E ratios and AI exuberance.
So I have been keeping a lot in cash/money markets, but the market keeps going up so I have been missing out on a lot of high rolling stocks lately. So has Berkshire Hathaway.
Will we win out in the long run?
As said above, Trump has been a major disruptor in world financial markets, seems like many of the economic predictors I have used in the past no longer work.
Had the same problems during Covid-19 pandemic.
Thomas Sowell: There are no solutions, just trade-offs.
