Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2021-Full Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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Is It Better to Keep Your Money in Cash While Waiting for Stock Prices to Come Down?

We've got probably ten to 15 % a of our total assetsi in cash. We bought some stocks we really don't know that much about, but i'm not really comfortable doing that. The market option they have is just too great for them. If they're publicly traded, i man, they may siek, we can't. They would have great difficulty making a deal with us because somebody else would come along with using other people's money. Well, stick with us for years. But conditions change very, very, very rapidly sometimes in markets. I don't mind the poor fish that gamble. IDon't like the professionals that take the suckers moste levin

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