“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/
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Guardian publishes third secret NSA document, on US cyberwar plans
Edward Snowden: The Whistleblower Behind The NSA Surveillance Revelations
ACLU: Email reveals feds misled judges to abuse wiretapping powers
Thousands of Google employees threaten to quit over military drone AI project
More Dangerous Than Iran?
Dzhokar Tsarnaev’s Throat Wound: Another Government Lie Bites the Dust
Xapo Moves to Switzerland Citing Customer Privacy Concerns
Court rejects bid by Jehovah’s Witness to refuse blood transfusion
NH Representative Mark Warden Utilizing Bitcoin for Campaign Donations
Role of the Alternative Media in Covering Cannabis Legalization
What Country Is This? Forced Blood Draws, Cavity Searches and Colonoscopies
Stockman to Trump: It's the Economy, Stupid
IRS employee union: We don’t want Obamacare
Ron Paul Segment on RT's Prime Interest
Wire Fraud: A Terrifying New Trend Targeting Financial Advisors