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Buffett Against the Electricity: Why He Mistrusts the Stock Markets
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1 Articles
While the stock markets are reaching new heights, Warren Buffett is once again swimming against the electricity. Instead of partying along, the "Omaha" Oracle, with over $347 billion, is accumulating a historically high cash pad. This restraint has one reason: Buffett considers the current valuations on the stock markets to be excessive. When Buffett withdraws from the market, it pays off, exactly [...] The post Buffett against the electricity: …
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