Warren Buffett Says the 2026 Pullback Wasn't Big Enough to Move Berkshire's Cash
Warren Buffett was not compelled to put his cash pile to work recently, and it wasn't even close.
Warren Buffett Says the 2026 Pullback Wasn't Big Enough to Move Berkshire's Cash
Overview
When the S&P 500 fell by 9% earlier this year, Warren Buffett didn't flinch. Many people assumed that, since stock prices had fallen, Buffett would take advantage of a few value opportunities.
He did not. In fact, the former chairman of Berkshire Hathaway (NYSE: BRKA)(NYSE: BRKB) didn't even seem particularly moved by the pullback.
In an interview earlier this year, Buffett said of the U.S. stock market: "Three times since I've taken over Berkshire, it's gone down more than 50%. This is nothing."
Details
Source
Originally published at www.fool.com.
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