“The fact that Warren Buffett isn’t buying anything right now despite a $50 billion-plus cash hoard is pretty telling.  According to Bloomberg reports, cash at Berkshire Hathaway ‘rose past $50 billion at the end of June, the first time it finished a quarter above that level since he became chairman and chief executive officer more than four decades ago.’  This is a startling sign, because it could indicate that the Oracle of Omaha simply doesn’t see anything out there worth throwing his money at — and could indicate that, broadly, there is not a lot of value to be had in the current environment.”

http://investorplace.com/2014/08/warren-buffett-berkshire-cash-50-billion/

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