Does Warren Buffett know something that we don’t?

Warren Buffett – known as the 'Oracle of Omaha' – has the equivalent of NZ$554 billion at his disposal. (Image: Getty)

Sat, 16 Nov 2024

By Spencer JakabWhen the world’s most-followed investor doesn’t feel comfortable investing, should the rest of us be worried?Warren Buffett, who has quipped that his favourite holding period for a stock is “forever”, continues to have substantial money at work in American companies. But he has never taken this much off the table, either – a whopping US$325 billion (NZ$554b) in cash and equivalents, mostly in the form of Treasury bills.To appreciate the immensity of that hoard, consider that it would allow Berk...

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