Warren Buffett Cautiously Waits & Builds Near-Record Cash Hoard
This week we discuss the strategies of Warren Buffett and how he is waiting while building a cash hoard. Buffett reassures his investors that they can weather even an extended market closure. Buffett’s 3 Secrets, 1) Reinvest Earnings 2) Compound Interest 3) Cash Liquidity. We conclude by discussing Jim Grant’s outlook moving forward: “Bonds Bad… … Read more