āItās about to rain goldā¦and all youāll have to do is walk outsideā
That pretty much sums it up in a nutshell as to why heās hoarding cash, my question would be because of that does anyone see Berkshire Hathaway as a long?
I donāt think hoarding cash is exactly the right term for what Buffet is doing. Thereās an element of press sensationalism in the phrase.
Itās what 10-15% of total Berkshire portfolio in cash. Buffet also counts short term bonds as cash (anything under 90 days) so imo thatās not just cashā¦
To be fair 180 billion from a normal punter like me is āhoarding cashā 
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Itās all relative though isnāt it?
I think hoarding cash paints a picture of Walt and Skylar at the lock up, when realistically itās a proportion of his vast portfolio that has always been held as cash or cash equivalents.
Just checked itās between 20-25% so I suppose itās more then usual but not dramatically.
JFKās father and the Shoeshine Boy (Stock Market Bubbles)
Saw this article today and whilst itās a little old, it is a pretty interesting read!
Got me thinking about the signals, have you spotted any recently?
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If the presenter on the evening news is telling you about how the stockmarket is soaring - itās probably time to think about selling up 
Once the same presenter starts telling you we are in a stock market armageddon - get your cash ready 
If we do start to have some wobbles, itās worth remembering the impact of losses on your portfolio. A 50% loss needs a 100% subsequent gain to recover to breakeven as shown below:
Google sheet here to download, and blog waffle here
Nearly thereā¦
I am sure Trump will not allow any signs of markets turning around in the months comming to his re-election. Something tells me he would be prepared to go an extra mile for S&P to keep going up.
My crystal ball tells me things will come down crashing in the second half of his second term 
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Iāve said this before. Missing the best days in the market will have a negative impact on returns. There will be a downturn, but when is difficult to know. Pundits have been predicting it wrongly for years.
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100% agree here! Time in the market beats Timing the market.
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I havenāt sold anything in over 2 years. Would much rather make sure Iām invested in good companies in the first place. Then I can just put my feet up with a cuppa 
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Why should the 2 things be exclusive. You can ābe in the marketā and time it as well. I will definitely rebalance the geographical distribution of my passive ETFās in the near future. Iām 90% USA at the moment and I will ātimeā it to make it more geographically diversified in the months comming. I wonāt sell anything Iāll just invest more into eu/uk/japan.
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I have begun to deleverage. Coronavirus a possible recession-causing event, coupled with US election year and wider socioeconomic concerns.
Iāll have about 60% in bonds for the rest of the year and make many small bets mainly in biotech - 10-15% of portfolio - with hope a few hit. Barbell strategy.
Interesting read if youāre more of a bear:
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Another sell off happening, PMI miss for America, JP Morgan putting a sell rating on the S&P and Bonds hitting low yields. This could really get interesting going into next week, wonder if it could bounce again.
I sold off a lot of things at highs a couple days ago - now got 75% cash in my portfolio, hopefully was the correct decision!
Bob, I did the opposite by purchasing while at all time highsā¦ At the moment, feels like you made the right choice
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Iām still buying, but only what I see as fair valued companies which are few and far between just now. Iām hoping for a sell off to come, plenty stocks on my watchlist Iād be all over if they were to come down 5-10%
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@crockettandtubbs Whatās your thinking behind EU and Japan? Any particular sectors or companies? I like the UK too.
@Bob7 How long do you think might stay 75% in cash? E.g. will you just wait until a recession appears?
I did the same 
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